Turkey plans 10-year dollar bond to push back looming debt maturities

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Financial Times 5d ago

Turkey plans 10-year dollar bond to push back looming debt maturities - Financial Times

Quick Summary:

Turkey’s finance minister and central bank chief are due to address a Goldman Sachs investor conference on Tuesday, while the energy and industry ministers will hold separate meetings.

The deal comes as Ankara pursues a broad economic turnaround programme aimed at quelling a long-running inflation crisis and luring foreign investors back to its markets.

The country appointed banks to sell a new benchmark 10-year dollar bond, Turkey’s finance ministry said on Tuesday.