Turk Eximbank has priced a syndicated USD denominated Global market bond which matures in 2030.
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Issuer Details | |
Issuer | Türkiye IHRACAT KREDI BANKASI A.S. |
LEI | 789000JVRVYLAXGDWR11 |
Industry | Government - Development Bank |
Country | Turkey |
Issuer Description | Turk Eximbank is a fully state-owned bank mandated to support foreign trade and Turkish contractors/investors operating overseas. Turk Eximbank acts within the framework of Five-Year Development Plans and Annual Programs. Development Plans set strategies regarding foreign trade, industrial development and foreign relations in addition to other economic and social policies. Representatives from Turk Eximbank participate actively in the preparatory stage of these plans and exert an influence on foreign trade policies |
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Trade Details | |
Security Type | MTN |
Amount | USD [Login to see full details] |
Total Amount including taps | USD [Login to see full details] |
Total Amount Outstanding | USD [Login to see full details] |
Total Order Book | USD [Login to see full details] |
Structure | Fixed Rate |
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A Global Distribution bond is a bond issued in a form that allows it to be traded in both the relevant local (onshore) and the offshore international, also called eurobond, market. To allow for this Global Market bonds typically have two ISINs, one for clearing in the local onshore market and one for clearing in the offshore international eurobond market. It can be denominated in any freely tradeable currency.
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