News, analysis, data

Moody’s junks Turkish covered bonds after sovereign cut

Posted on 29 August 2018


Moody’s yesterday downgraded to sub-investment grade all the Turkish covered bonds it rates, including VakıfBank’s euro benchmark, after lowering the country’s local currency bond ceiling from Baa2 to Ba1 as it cut the sovereign from Ba2 to Ba3 two weeks ago...

The page you have requested is available to registered users only.

Please log in to read the rest of this article and view the full site.

Log in

If you have forgotten your password, please enter the e-mail address you entered when registering for the site into the "reset password" box. You will then be sent a new password to enter on the next page, where you will also be given the option of choosing a new, more memorable password.

Reset password

If registering, you will be sent an e-mail confirming your username and password on pressing "register", as well as being taken to the homepage. If you have any problems accessing the site, please follow the link in the mail.

Register

Recent headlines:

MnchenerHyp adds CP to ESG suite beside Pfandbriefe

Annuity structure allows Jyske negative coupon milestone

Draghi holds fire until fall, but covered dynamics unchanged

CIBC matches biggest foreign deal in Australian reopener