TURKEY: Euroyen bond issue launched for treasury

15 December 1995
NEWS

A Y50,000 million ($50 million) Euroyen bond issue mandated by the treasury to Nomura Securities has been launched in the international markets. The paper is mainly designed to appeal to Japanese corporate investors, corporate credit unions and foundations.

The deal's price is the equivalent of around 285 basis points over the London interbank offered rate (Libor). This compares with around 300 basis points for the last Euroyen issue for the treasury in July.

A MEED Subscription...

Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.