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Forumer storico
Turkey has mandated banks for the issuance of a 10-year dollar-denominated bond, which will be switched for existing shorter-term notes to ease immediate repayment pressures.
Turkey hired Bank of America Corp, Banco Bilbao Vizcaya Argentaria SA, Citigroup Inc. and JPMorgan Chase & Co. for the issuance of the new bonds as part of its external borrowing program, the Treasury and Finance Ministry said in a statement on Tuesday.
