Turkish firms ride clashing waves of risk appetite and aversion
![Istanbul skyline from Bosphorus Alamy 13May21 575x390](https://assets.euromoneydigital.com/dims4/default/e500e68/2147483647/strip/true/crop/575x390+0+0/resize/840x570!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2Ff6%2Fe8%2F4b2e7c53a41bec8b3d67e27ab96c%2Fistanbul-skyline-from-bosphorus-alamy-13may21-575x390.jpg)
Turkish companies and banks are succeeding in raising funds in international debt markets, even as the country strays near the edge of an economic precipice and experienced investors view Turkish risk with disdain.
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