Türkiye Raises €1.5B in 2031 Eurobond Sale
bonds
Türkiye’s Treasury and Finance Ministry successfully issued a €1.5 billion eurobond maturing in 2031, attracting investor demand exceeding three times the offering size.
According to the official statement, the issuance was part of Türkiye’s 2025 external financing program, with BNP Paribas, Citibank, ING Bank, and Standard Chartered mandated to manage the transaction on July 10, 2025. The issuance was finalized the same day, and proceeds are expected to be credited on July 17, 2025.
The euro-denominated bond, due on August 17, 2031, was issued with a coupon rate and yield of 5.200%.
The offering drew interest from approximately 140 investors, highlighting global confidence in Türkiye’s sovereign debt. The allocation breakdown was as follows:
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33% to investors in the United Kingdom
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30% in the United States
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21% across other European countries
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9% from the Middle East
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5% within Türkiye
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2% in other regions
With this transaction, Türkiye’s total funding from international capital markets in 2025 has reached approximately $8.75 billion, according to the ministry.
This successful eurobond issuance reflects continued access to global financing despite broader macroeconomic pressures, underscoring the country’s strategy to diversify funding sources while strengthening investor confidence.
