Announcements

    Drinks

      Instrument data
      Senority
      Unsecured
      Currency
      TRY
      ISIN
      TRT080530T19
      Coupon percent
      11.7%
      Coupon type
      Fixed:Plain Vanilla Fixed Coupon
      Instrument volume
      25,598,882,000
      Maturity date
      08/05/2030
      -
      B Outlook: Stable
      B Outlook: Stable
      Latest change
      Outlook/trend
      12/01/2024
      General information
      Rating
      Public
      Unsolicited
      With issuer participation
      UK endorsed
      EU Rated
      Thomas Gillet Lead analyst
      Alvise Lennkh-Yunus Committee chair
      Scope affirms Türkiye’s long-term foreign-currency ratings at B- and revises the Outlooks to Stable

      12/1/2024 Rating announcement EN

      Scope affirms Türkiye’s long-term foreign-currency ratings at B- and revises the Outlooks to Stable

      More conventional monetary policy supporting progressive rebalancing of the economy underpins the revision of the Outlooks. Persistent policy uncertainty amid external and financial vulnerabilities anchors the ratings.

      Scope affirms Türkiye’s long-term foreign-currency ratings at B- and maintains Negative Outlook

      4/8/2023 Rating announcement EN

      Scope affirms Türkiye’s long-term foreign-currency ratings at B- and maintains Negative Outlook

      Uncertain policy normalisation, vulnerability to deeper balance of payment and financial crises anchor the Negative Outlooks. Moderate levels of public debt, a resilient banking system, a large and diversified economy support the ratings.

      Scope downgrades Turkey’s long-term foreign-currency ratings to B-, and maintains a Negative Outlook

      11/3/2022 Rating announcement EN

      Scope downgrades Turkey’s long-term foreign-currency ratings to B-, and maintains a Negative Outlook

      Unsustainable economic policies and risk of deeper balance of payment and financial crisis drive the rating downgrade. Moderate levels of sovereign debt, a resilient banking system alongside a large, diversified economy support ratings.

      Scope downgrades Turkey’s long-term foreign-currency ratings to B and revises Outlooks to Negative

      6/11/2020 Rating announcement EN

      Scope downgrades Turkey’s long-term foreign-currency ratings to B and revises Outlooks to Negative

      Severe external vulnerabilities and risk of a balance of payment crisis drive the rating downgrade. The Negative Outlooks on long-term ratings reflect an inadequate economic policy framework that accentuates existing macroeconomic imbalances.

      Date Title