Turkey
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The tenor may be 'unusual' but the sovereign did not 'have much choice'
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Quality not quantity in a $1.1bn order book
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Demand for Turkey, where metrics are improving 'day by day', is still good, said one banker
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Issue watched closely to gauge demand for Turkish T2
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European banks return to the facility alongside 'more new GCC banks'
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New issue premium had been thought likely after heavy Turkish bank issuance in recent months
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Turkish banks see improved rollover ratios and declining pricing as Turkey’s economy gains lender confidence
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Demand has slowed and investors are much more price sensitive in new Turkish bank issuance
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Turkey's largest private lender has not issued a public bond in seven years
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Sustainable finance is not for show but a real knowledge transfer, banker says
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Issuers, especially banks, drew high demand