Economy 07-11-2018

Turkey plans to place eurobonds in euros

Turkey evaluates placing eurobonds denominated in euros, told Sputnik a source in banking circles.

According to the source, the return on securities, due in February 2026, would reach 5.5% per year.

The organizers of the placement are BNP Paribas, HSBC and ING.

Last October, Turkey had already entered the loan market with the offer of Eurobonds in dollars.

On that occasion, the country placed five-year bonds with a value of 2,000 million dollars at a rate of 7.5%.

SPUTNIK

 
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