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8.5.1 Fixed income - bond news Turkish Treasury's Eurobond Issues
Issue Date
Feb 13, 2020 Feb 13, 2020 Nov 14, 2019 Jul 10, 2019 Mar 26, 2019 Feb 21, 2019
Jan 31, 2019 Jan 16, 2019
Nov 14, 2018
Sep 23, 2018
Apr 24, 2018
Jan 17, 2018
Sep 13, 2017
Jun 14, 2017
May 11, 2017 Apr 6, 2017
Feb 23, 2017 Jan 23, 2017
Currency Size
USD 2bn USD 2bn USD 2.5bn USD 2.25bn USD 1bn USD 2bn
EUR 1.25bn USD 2bn
EUR 1.5bn
USD 2bn
USD 2bn
USD 2bn
USD 1.75bn
EUR 1bn
USD 1.75bn USD 1.25bn
USD 1.25bn USD 2bn
Maturity
13.03.2025 13.03.2030 14.11.2024 10.08.2024 26.04.2029 21.02.2022
31.03.2025 26.04.2029
16.02.2026
23.12.2023
24.10.2028
17.02.2028
11.05.2047
14.06.2025
11.05.2047 06.04.2023
25.03.2027 25.03.2027
Coupon (%)
4.25 5.45 5.6 6.35 7.625 5.8
4.625 7.625
5.2 7.25 6.125 5.125 5.75 3.25 5.75
5 6 6
Price
99.095 98.457 99.570 99.563 103.300 100.000
99.360 99.555
99.730
98.917
99.427
99.411
100.703
99.123
98.247 100.000
102.639 98.858
Yield (%)
4.45 5.45 5.70 6.45 7.15 5.80
4.75 7.68
5.25 7.50 6.20 5.20 5.70 3.377 5.875
5 5.65 6.15
Spread
UST+298.5bps UST+470bps UST+407bp UST+470bps UST+454bp MS+318bps
MS+446bps UST+497bp
MS+456.4bp
UST+447.5bp
UST+336.8bp
UST+266.7bp
UST+300.5bp
MS+285bp
UST+286.7bp MS+285bp
UST+320.5bp UST+375.7bp
Euro Cost (%)
3.319 3.803 3.319 3.803 4.859 Sukuk
4.965
Turkish Treasury's Outstanding Eurobonds
Issuance
Sep 3, 2008 Feb 1, 2007 Apr 30, 2009 Apr 20, 2010 Nov 12, 2010 Jun 2, 2005 Feb 23, 2007 Dec 1, 2017 Mar 11, 2011 Mar 11, 2010 Aug 5, 2010 Jun 1, 2016 Nov 5, 2013 Feb 13, 2019 Mar 8, 2012
Maturity Year Currency
Mar 11, 2019 10.5 USD Apr 2, 2019 12.2 EUR Nov 7, 2019 10.5 USD
May 18, 2020 10.1 EUR May 18, 2020 9.5 EUR Jun 5, 2020 15 USD Jun 5, 2020 13.3 USD Dec 7, 2020 3 JPY Mar 18, 2021 10 JPY Mar 30, 2021 11.1 USD Mar 30, 2021 10.7 USD Jun 8, 2021 5 USD Nov 12, 2021 8 EUR Feb 21, 2022 3 USD
Face (mn)
1,500 1,250 1,500 1,500 500 1,250 750 60,000 180,000 1,000 1,000 1,000 1,250 2,000 90,000
Face ($mn)
1,500 1,618 1,500 1,651 550 1,250 750 548 1,643 1,000 1,000 1,000 1,376 2,000 822
Coupon (%) Type
7.000 Bond 5.875 Bond 7.500 Bond 5.125 Bond 5.125 Re-open 7.000 Bond 7.000 Re-open 1.810 Bond 1.870 Bond 5.625 Bond 5.625 Re-open 4.251 Sukuk 4.350 Bond 5.800 Sukuk 1.470 Bond
ISIN
US900123BD15 XS0285127329 US900123BF62 XS0503454166 XS0503454166 US900123AX87 US900123AX87 JP579200AHQ2 JP579200ABF8 US900123BH29 US900123BH29 XS1303467077 XS0993155398 XS1816199373 JP579200ACF6
Mar 15, 2022 10
JPY
44 TURKEY Country Report March 2020
www.intellinews.com
The Turkish Treasury has sold $2bn worth of 5-year and $2bn of 10-year eurobonds at yields of eurobonds at 4.25% another 5.45%, respectively, the finance ministry said on February 7.
Sukuk
