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Eurobond Sales Sees Solid Demand, With Strong Interest From US, UK and European Investors

TURKEY
  • Dunya cite a Treasury statement that their $1.5bln bond sale saw demand triple thanks to enquiries from over 150 different investors. 33% of the sale went to the USA, 22% in the UK, 17% to Europe and the Middle-East and the rest to domestic investors. The sale means a total of $9bln in financing has been obtained from international markets this year.
  • The Swedish PM is headed to Ankara today to extend negotiations with the Turkish President in their bid to join NATO. Erdogan’s demands for an endorsement remain a cut in ties between Sweden and the PKK and FETO organizations.
  • Leader of the opposition Kilicdaroglu is to make a series of announcements on the economy before the end of November, outlining the CHP’s views on economic management ahead of next year’s elections.

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