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Reuters
Turkey is knocking on the doors of global debt markets
The Turkish Treasury borrowed $ 1 billion in bonds denominated in US dollars, banking sources said Wednesday.
According to sources, the loan was due in April 2029 with a final yield of 7.15% and the loans were taken from banks Goldman Sachs, JPMorgan and Standard Chartered.
Turkey borrowed $ 2 billion in January and the Turkish Treasury plans to borrow $ 8 billion from global markets this year, eventually borrow $ 6.4 billion or 80 percent of that value in the first quarter of 2019.
Source: Reuters
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