Turkey
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Sovereign will probably print the five-year sukuk on Tuesday -
Akbank and TEB added two-year loans to their refinancings
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Prices for Turkish banks' annual refinancings continue to fall
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Last month's conditions for issuers were far better than in October 2023
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Sukuk issuance from the company's corporates will stay low, however
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Large deal size one of a number of reasons borrower offers new issue premium
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Investors and bankers have warned of oversupply, but the deals are still getting done
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Sukuk issuance is very rare outside of the sovereign in Turkey
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It will be a good bet on Turkey's disinflation story, said one analyst
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Demand for Turkish bank bonds trumps dwindling bid for country's corporate issuers, says banker
