ISTANBUL: Turkish lender Garanti Bank, partly owned by Spain's BBVA, said on Friday it would conduct bookbuilding for its 750 million Turkish lira ($406 million) bond on Oct. 10-13.
The yield on the 178-day bonds would be 50 basis points above the reference Treasury bill yield, Garanti said in a statement to the Istanbul Stock Exchange.
The bank had mandated its board to issue up to 2 billion lira worth of local currency bonds in July.
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