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      Instrument data
      Issuer
      Republic of Turkey
      Senority
      Senior Unsecured
      Currency
      TRY
      ISIN
      TRT170528T12
      Coupon percent
      52.76%
      Coupon type
      Floating: Fixed Margin over Index
      Instrument volume
      29,447,670,000
      Maturity date
      17/05/2028
      -
      BB- Outlook: Stable
      BB- Outlook: Stable
      Latest change
      New
      19/02/2025
      General information
      Rating
      Public
      Unsolicited
      With no issuer participation
      UK endorsed
      EU Rated
      Thomas Gillet Lead analyst
      Dr. Giacomo Barisone Committee chair
      Scope upgrades Türkiye's long-term ratings to BB- and revises the Outlooks to Stable

      6/12/2024 Rating announcement EN

      Scope upgrades Türkiye's long-term ratings to BB- and revises the Outlooks to Stable

      Disinflation and reserve accumulation drive the upgrade. High inflation and sustained external and financial stability vulnerabilities remain key challenges.

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