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      Instrument data
      Issuer
      Republic of Turkey
      Senority
      Unsecured
      Currency
      TRY
      ISIN
      TRT251017T18
      Coupon percent
      11.01%
      Coupon type
      Floating: Fixed Margin over Index
      Instrument volume
      2,698,875,889
      Maturity date
      25/10/2017
      -
      WD Outlook: N/A
      WD Outlook: N/A
      Latest change
      Withdrawal
      25/10/2017
      General information
      Rating
      Public
      Unsolicited
      With no issuer participation
      UK endorsed
      EU Rated
      Withdrawal reason: end of maturity of the debt obligation, or in case the debt is redeemed, called, prefunded, cancelled
      Thomas Gillet Lead analyst
      Dr. Stefan Bund Committee chair
      Scope upgrades Turkey’s newly published credit rating to BB+ from BB and changes Outlook to Stable

      22/9/2017 Rating announcement EN

      Scope upgrades Turkey’s newly published credit rating to BB+ from BB and changes Outlook to Stable

      A large and resilient economy, sound public finances and a well-regulated banking sector support the rating; high external financing needs of the private sector, application of rule of law and political uncertainties are constraints.

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