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:

Abanca in solid 750m 10s first, ING-DiBa goes negative

Hypo Vorarlberg repeats hits, but HVB hints at moderation

Lloyds 1.25bn biggest Sonia yet, in Barclays slipstream

Investors seen capitulating as new tights set in trio of deals

Nominations, please! The CBR 2019 Awards for Excellence

Yorkshire return attracts 3.5bn of orders, tightens 7bp

Santander 1.5bn 12s extend long-end boom into periphery

Omens good for Yorkshire to round off subdued April