Friday 1 July 2016
 
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Basis points

Turkey cbank cuts top rate by 50 basis points again

Turkey's central bank cut its overnight lending rate by 50 basis points on Tuesday, as expected, marking its fourth straight month of easing and leaving no doubt about new Governor Murat Cetinkaya's drive for looser policy.

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IPIC to raise $2.9bn in three-tranche bond

International Petroleum Investment Co (IPIC), an investment fund controlled by the Abu Dhabi government, is to raise the equivalent of $2.9 billion through a new three-tranche bond issue, lead arrangers said on Tuesday. The transa

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Bahrain $1bn bond seen pricing over 200bps

Early price guidance on Bahrain's $1 billion sovereign bond issue is seen in the low-200 basis point region over midswaps, sources said on Tuesday. The issue would be the first sovereign bond by a Gulf state to come to market after ind

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