After a Tough 2018, Turkey Sees a “Market of Windows” in 2019
It has been a patchy year for Turkey – and for EM fixed-income more broadly – with both macroeconomic and geopolitical factors weighing on growth and market sentiment in the first half last year. But the last few months of 2018 have seen a quiet recovery take place, and while no one is expecting an easy ride in 2019, conversations at an exclusive Breakfast Briefing hosted by HSBC and Bonds & Loans at this year’s Bonds, Loans & Sukuk Turkey Conference in November suggest that windows of opportunity will present themselves to Turkish banks and borrowers.
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