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Turkey to Sell Longest-Dated Dollar Bonds in 2nd Sale This Year
Turkey is selling its longest-dated dollar bonds on record, counting on investors overlooking a corruption probe and accelerating outflows that drove the lira to an all-time low. Initial price guidance for the benchmark issuance of securities maturing in February 2045 is 6.75 percent to 6.875 percent, according to information from…
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Click here to read the full story: Bloomberg Business Week