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TURKEY: 8Y $Benchmark IPT 7.625% Area, May Price Today

TURKEY

"As part of the 2024 external borrowing program, Ministry of Treasury and Finance has mandated BNP Paribas, Citi, J.P. Morgan and Standard Chartered for the issuance of a USD denominated bond due 2032," the Turkish Ministry of Treasury and Finance wrote in a statement. Details below provided by Bloomberg:

  • $Benchmark 8Y Fixed (July 17, 2032) 7.625% Area
  • Issuer: Turkiye Government International Bond (TURKEY)
  • Format: SEC registered, global, senior unsecured
  • Settlement: July 17, 2024
  • Bookrunners: BNPP, Citi, JPM (B&D), StanChart
  • Target Market: Eligible counterparties, professional clients and retail clients (all distribution channels)

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