Foreign investors are wading into Turkish stocks and bonds as Ankara’s economic policy overhaul piques the interest of fund managers who have deserted the country in recent years.
A trio of deals this week mark the latest sign of how some foreign investors are willing to test the waters after Turkish president Recep Tayyip Erdoğan abruptly changed course on economic policy after winning May’s general election.
Turkish lenders VakıfBank and Yapı Kredi successfully sold $1.3bn collectively in dollar-denominated bonds, while baby goods retailer Ebebek attracted two dozen foreign institutional investors for its $70mn initial public offering.
您已阅读14%（646字），剩余86%（4005字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。