Turkiye: Uluslararasi Piyasalar - Gunluk Rapor - 26 Mart

Transcription

1. 1 ULUSLARARASI SERMAYE P İYASALARI - GÜNLÜK RAPOR 26/03/2019 Eurotahvil Piyasaları Geçtiğimiz hafta yapılan FED toplantısı ve Avrupa tarafında zayıf seyreden PMI verileriyle azalan risk iştahına paralel olarak ABD kıymetlerinde alımlar daha zayıf da olsa devam etti. 10 yıl vadeli kıymet 2 baz puan civarında daralarak %2,42 seviyesinin altında seyretti. Getiri eğrisinin 2-3 yıllık bölümündeki 5-6 baz puanlık daralma ise dikkat çekti ve eğrideki tersleşme devam etti. Yine geçtiğimiz hafta %0,00 getiri seviyesinin üzerine çıkan 10 yıl vadeli Almanya kıymeti, sabah saatlerinde takip edilen IFO beklenti anketinin pozitif gelmesiyle %0,00 seviyesinin üzerine çıkmıştı. Ancak günün ikinci yarısında ABD tahvillerine paralel olarak alımlar sürdü ve kapanış yine eksi getiride yapıldı. Benzer vadeli İtalya kıymeti 5 baz puan civarında gevşeyerek %2,50 getiri seviyesinde fiyatlandı. Risk iştahındaki düşüş gelişmekte olan ülke eurobonlarında negatif fiyatlamalara yol açtı. Özellikle Türkiye kıymetleri 445 baz puan seviyesine kadar yükselen 5 yıllık CDS ile birlikte negatif olarak ayrıştı. Banka ve şirket eurotahvilleri hazine kıymetlerine göre daha sert satış görürken, akşam saatlerine kadar 415 baz puan seviyesine kadar daralan CDS ile birlikte bir miktar toparlama görüldü. İş Bankası 2024 vadeli kıymet 88,00 seviyesinde fiyatlanırken, 10 yıl vadeli hazine kıymeti %7,65 getiri seviyesinde alıcı buldu. Benchmark Tahviller Fiyat Getiri Türkiye 85.685 7.303 Brezilya 157.848 5.159 Rusya 99.246 4.444 Güney Afrika 99.040 4.953 ABD & Avrupa Hisse Senedi Piyasaları Almanya Cuma günü görülen kayıpların ardından yurtdışı hisse senedi piyasalarında satış bugün de devam etti. 10 yıllık tahvil getirisinin Aralık 2017’den bu yana ilk kez 2,40 seviyesinin altına sarkmasının etkisiyle, seans başında birkaç kez pozitif alana geçen ABD endeksleri değer kayıplarıyla karşı karşıya kaldı. Önde gelen Avrupa endekslerinin tamamı haftanın ilk gününü kayıpla sonlandırdı. %0,42 kayıpla sonlandıran İngiltere FTSE100 endeksinde yer alan on iki sektörden yalnızca ham madde ve tercihli tüketim değer kazandı. %1,86 gerileyen iletişim hizmetleri ise en zayıf sektör olarak dikkat çekti. Endekste en yüksek ağırlığa sahip olan HSBC %0,20 yükselirken BP PLC %0,7 geriledi. Günü %0,15 kayıpla sonlandıran Almanya Dax endeksindeki on sektörün yedisinde değer kaybı gözlendi. %0,97 düşen sağlık sektörünün endeksi aşağı çektiği görülürken %0,97 yükselen altyapı sektörü kayıpları sınırladı. Bayer %2,88, Infineon %2,3 kayıpla endeksin en zayıf şirketleri oldu. Ekonomik veri bakımından sakin olan günde Almanya IFO verileri öne çıktı. İş iklimi, Mart ayında beklentinin 1,1 puan üzerinde 99,6 olurken beklentiler 95,6 olarak açıklandı. Her iki verinin de önceki dönemin üzerinde olduğu kaydedildi. ABD tarafında ise Chicago Fed Aktivite Endeksi Şubat ayında 0,38 gerileme beklentisi karşısında 0,29 geriledi. Yarın ise ABD konut başlangıçları ile Conf. Board Tüketici Güveni takip edilecek. Emtia & FX Vadeli Kontratları (Futures) Veri akışının sakin olduğu haftanın ilk işlem gününde, sabah saatlerinde Almanya tarafında Mart ayı öncü IFO anket sonuçlarının beklentilerin hafif üzerinde başlamasıyla EURUSD paritesinde pozitif kapanış yapıldı. Gün içerisinde 1,1330 seviyesine kadar yükselen parite, kapanış saatlerine kadar kazancının bir kısmını geri verdi ve %0,10’luk primlenme kaydetti. Brexit anlaşması kaynaklı volatil seyretmeye devam eden GBPUSD paritesi G10 para birimleri içerisinde en çok değer değer kaybeden parite oldu. Gün içerisinde 1,3240 seviyesine kadar tırmanan parite, May’in Brexit anlaşmasını 3. Kez parlamentoya sunmak için gerekli desteğin bulunmadığı yorumlarıyla eksi alana geçti. %0,10’a yakın değer kaybeden parite kapanış saatlerinde 1,3200 seviyesinin altına işlem görüyor. %0,15’e yakın değer kaybeden Dolar Endeksi karşısında spot altın ise 1322 seviyesine kadar yükselerek %0,70’e yakın değer kazandı. Benzer şekilde spot gümüş de %0,75’lik kazanımla 15,53 seviyesinde fiyatlandı. Petrol fiyatlamalarında aktif vadeli WTI ve Brent petrol fiyatlamalarındaki ayrışma dikkat çekti. Aktif vadeli Brent petrol %0,10 civarında değer kaybederek 59,00 seviyesinin altına işlem gördü. Benzer Brent petrol kontratı ise %0,30 primlenerek 67,20 seviyesinin üzerinde seyretti. -0.031 5 Yıllık CDS GIP 405 177 129 199 Türkiye Brezilya Rusya Güney Afrika Değişim (bps) 3 13 -6 -1 Hisse Senedi Piyasaları Kapanış Değişim % Dow Jones 25,516.83 0.06 S&P 500 2,798.36 -0.08 NASDAQ 7,637.54 -0.07 Almanya 11,321.47 -0.22 İngiltere 7,183.35 0.08 Fransa 5,259.67 -0.02 Japonya 21,428.39 2.15 Şangay 2,997.10 -1.51 Hong Kong 28,566.91 0.15 Brezilya 93,662.01 -0.08 Emtia Piyasaları Kapanış 58.820 1,321.810 15.539 6,340.00 Değişim % -0.37 0.62 0.64 0.44 EUR/USD USD/JPY USD/CAD GBP/USD AUD/USD NZD/USD USD/CNH USD/TRY USD/RUB USD/ZAR Döviz Dünkü Seviye 1.1312 109.9700 1.3404 1.3195 0.7112 0.6909 6.7186 5.5469 64.3728 14.4023 Değişim % 0.09 0.05 -0.19 -0.11 0.41 0.44 -0.09 -3.63 -0.90 -1.31 Dow Jones Mini S&P 500 Mini DAX EUR/USD TREASURY 10Y Futures Dünkü Seviye 25,577.00 2,807.00 11,371.00 1.1392 124.33 Değişim % 0.03 -0.13 -0.04 0.15 0.24 Petrol Altın Gümüş Bakır Uluslararası Sermaye Piyasaları 102.767 3/26/2019
2. 2 Şirket Adı ISINKodu Para Kupon Birimi Vade Alış Satış Alış Getiri Satış Getiri Kredi Notu Miktar (M) Minimum (Moody's / Fitch) Fiyat Performansı 1A (∆) 1Y(∆) Türkiye Ülke Tahvilleri US900123BF62 US900123AX87 US900123BH29 US900123BY51 US900123BZ27 US900123CA66 US900123CR91 US900123CF53 US900123AW05 US900123CJ75 US900123CK49 US900123CP36 US900123CQ19 US900123CL22 US900123CT57 US900123AL40 US900123AT75 US900123AY60 US900123BB58 US900123BG46 US900123BJ84 US900123CB40 US900123CG37 US900123CM05 XS0285127329 XS0503454166 XS0993155398 XS1057340009 XS1629918415 XS1843443356 USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD EUR EUR EUR EUR EUR EUR 7.50 7.00 5.63 5.13 6.25 3.25 7.25 5.75 7.38 4.25 4.88 5.13 6.13 6.00 7.63 11.88 8.00 6.88 7.25 6.75 6.00 4.88 6.63 5.75 5.88 5.13 4.35 4.13 3.25 4.63 11/7/2019 6/5/2020 3/30/2021 3/25/2022 9/26/2022 3/23/2023 12/23/2023 3/22/2024 2/5/2025 4/14/2026 10/9/2026 2/17/2028 10/24/2028 3/25/2027 4/26/2029 1/15/2030 2/14/2034 3/17/2036 3/5/2038 5/30/2040 1/14/2041 4/16/2043 2/17/2045 5/11/2047 4/2/2019 5/18/2020 11/12/2021 4/11/2023 6/14/2025 3/31/2025 101.125 101.375 99.531 96.375 98.375 88.250 100.813 95.125 100.875 84.238 86.487 85.419 90.125 91.125 99.000 129.740 100.500 90.000 93.175 88.125 81.581 72.830 86.770 77.500 100.020 103.000 102.655 100.096 90.875 98.250 101.375 101.750 100.091 96.750 98.750 88.625 101.188 95.625 101.375 84.927 87.119 85.919 90.875 91.625 99.375 130.665 101.250 90.750 93.920 88.875 82.423 73.370 87.325 78.000 100.080 103.500 103.055 100.879 91.375 98.500 5.58 5.77 5.88 6.48 6.78 6.65 7.04 6.92 7.19 7.14 7.23 7.39 7.59 7.50 7.76 7.75 7.94 7.96 7.95 7.91 7.76 7.29 7.82 7.72 4.17 2.42 3.27 4.10 4.99 4.97 5.16 5.45 5.58 6.33 6.66 6.54 6.94 6.80 7.08 7.00 7.11 7.31 7.48 7.41 7.70 7.65 7.85 7.87 7.87 7.83 7.67 7.23 7.77 7.67 0.03 1.98 3.11 3.88 4.89 4.92 Ba3/BB Ba3/BB Ba3/BB Ba3/BB Ba3/BB Ba3/BB Ba3/BB Ba3/BB Ba3/BB Ba3/BB Ba3/BB Ba3/BB Ba3/BB Ba3/BB Ba3/BB Ba3/BB Ba3/BB Ba3/BB Ba3/BB Ba3/BB Ba3/BB Ba3/BB Ba3/BB Ba3/BB Ba3/BB Ba3/BB Ba3/BB Ba3/BB Ba3/BB Ba3/BB 1,500 2,000 2,000 1,000 2,500 1,500 2,000 2,500 3,250 1,500 3,000 2,000 2,000 3,250 3,000 1,500 1,500 2,750 1,000 2,000 3,000 3,000 3,000 3,500 1,250 2,000 1,250 1,000 1,000 1,250 100,000 2,000 100,000 200,000 200,000 200,000 200,000 200,000 2,000 200,000 200,000 200,000 200,000 200,000 200,000 1,000 2,000 2,000 2,000 100,000 200,000 200,000 200,000 200,000 50,000 50,000 100,000 100,000 100,000 100,000 -0.92% -1.22% -1.13% -2.22% -3.08% -3.29% -3.18% -2.93% -3.24% -3.51% -3.62% -4.28% N/A -4.33% -4.81% -4.56% -5.74% -6.01% -6.04% -6.00% -5.28% -4.13% -5.67% -6.98% -0.39% -0.66% -1.10% -1.71% -2.87% -2.36% -4.37% -4.19% -3.64% -5.28% -7.08% -4.47% N/A -7.08% -8.71% -7.02% -7.67% -8.82% N/A -9.22% N/A -12.46% -12.23% -12.62% -13.16% -13.18% -11.98% -8.98% -11.66% -11.81% -5.00% -4.79% -5.21% -6.52% -8.67% N/A XS1303467077 XS1586385178 XS1141043296 USD USD USD 4.25 6/8/2021 5.00 4/6/2023 4.49 11/25/2024 97.371 95.420 90.603 98.121 96.170 91.353 5.54 6.31 6.50 5.16 6.09 6.33 Ba3/BB Ba3/BB Ba3/BB 1,000 1,250 1,000 200,000 200,000 200,000 -0.53% -1.14% -1.64% -2.29% -5.19% -6.59% XS1111101314 USM0375YAK49 XS1210422074 XS1574750292 XS1772360803 XS1089556358 XS1396282177 XS0848940523 XS1109959467 XS0910932788 XS1577950402 XS1706923148 XS0774764152 XS1345632811 XS1028943089 XS1684378208 XS1496463297 XS1814962582 XS1711581337 XS1386178237 XS1063442484 XS1613091500 XS1959391019 XS1084838496 XS1057541838 USM8931TAA71 USM8931TAF68 XS1576037284 XS1617531063 XS1132825099 XS1069383856 XS0882347072 XS1188073081 XS1439838548 XS0982644774 XS1121459074 XS1079527211 XS1390320981 XS1508390090 XS0847042024 XS1003016018 XS1578203462 XS1623796072 USD USD USD USD USD USD USD USD EUR USD USD USD USD USD USD USD USD USD USD USD USD USD USD EUR USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD 4.00 5.00 5.13 7.20 6.80 3.13 8.75 3.38 3.88 5.00 4.22 7.25 5.88 5.38 5.00 4.25 5.38 6.13 6.00 7.75 6.25 4.88 6.88 3.38 4.75 6.25 5.25 5.88 6.13 8.13 4.75 3.88 4.75 5.00 5.50 5.00 5.00 5.38 5.50 6.00 7.85 6.13 7.00 1/24/2020 98.000 10/24/2022 92.625 3/31/2025 86.625 3/16/2027 87.500 4/27/2028 86.000 7/22/2019 99.125 4/16/2026 94.044 11/1/2022 92.750 9/16/2021 100.375 4/3/2023 93.500 9/19/2024 94.250 11/9/2027 83.293 4/24/2019 99.700 2/8/2021 96.875 9/23/2021 94.500 9/18/2022 89.500 10/24/2023 91.000 5/3/2024 91.375 1/25/2023 85.000 11/24/2027 80.625 4/30/2019 100.100 5/19/2022 94.750 9/7/2024 96.750 7/8/2019 100.000 10/17/2019 99.425 4/20/2021 98.750 9/13/2022 94.250 3/16/2023 94.125 5/24/2027 82.250 11/14/2021 97.250 6/4/2019 99.000 2/5/2020 94.250 2/11/2021 88.000 7/13/2021 87.750 4/21/2019 99.800 4/30/2020 97.250 6/25/2021 93.750 10/6/2021 93.500 4/21/2022 91.864 10/24/2022 86.750 12/10/2023 91.701 4/25/2024 87.500 6/29/2028 77.000 98.750 93.625 87.625 89.500 87.000 99.625 95.044 93.750 101.375 94.500 95.000 85.085 100.100 97.875 95.250 90.500 92.000 92.375 87.000 81.125 100.300 95.500 97.750 100.500 99.800 99.750 95.250 95.125 84.250 98.250 99.500 95.250 90.000 89.750 100.200 98.250 94.750 94.500 95.365 87.750 92.958 88.500 79.000 6.53 7.38 7.97 9.51 8.83 5.91 10.81 5.63 3.71 6.88 5.44 10.30 9.81 7.19 7.46 7.76 7.75 8.23 10.89 11.15 4.99 6.75 7.61 3.29 5.82 6.91 7.16 7.62 9.47 9.32 10.15 11.11 12.11 11.20 8.44 7.67 8.10 8.28 8.57 10.54 10.11 9.27 11.20 5.57 7.05 7.74 9.12 8.65 4.30 10.60 5.31 3.28 6.58 5.28 9.95 4.38 6.60 7.12 7.40 7.47 7.97 10.18 11.05 2.79 6.48 7.38 1.54 5.12 6.38 6.81 7.31 9.08 8.88 7.40 9.80 10.79 10.12 2.31 6.69 7.59 7.82 7.21 10.17 9.75 9.00 10.79 B1/B+ B1/B+ B1/B+ Caa1/B Caa1/B NA/A B2/B+ Ba2/NA NA/BB+ NA/BB+ Ba2/BBBB2/B+ B1/NA B1/BBB1/BBB1/BBB1/BBB1/BBNA/B+ NA/BBa3/BBBa3/BBBa3/BBB1/BBB1/BBB1/BBB1/BBB1/BBB3/B+ B2/BBB2/B+ B2/B+ B2/B+ B2/B+ B2/B+ B2/B+ B2/B+ B2/B+ B2/B+ Caa1/B Caa2/B B2/B+ Caa2/B 500 500 500 500 400 250 300 500 350 500 500 150 750 500 500 500 500 500 300 500 750 500 500 750 500 750 500 750 250 500 750 500 500 500 750 750 750 600 1,000 400 1,250 500 200,000 150,000 200,000 200,000 200,000 200,000 200,000 200,000 100,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 100,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 -0.76% -2.50% -3.75% -5.15% -3.91% 0.00% -1.48% -1.72% -1.11% -2.35% -0.53% -0.24% -0.42% -1.90% -2.58% -3.50% -3.19% -3.94% 0.00% -5.13% -0.27% -1.69% N/A -0.12% -0.08% -1.86% -2.58% -3.34% -7.58% -0.51% 0.00% -1.31% -3.30% -4.10% -0.08% -1.39% -2.22% -2.60% -3.28% -6.47% -4.20% -4.24% -11.75% -0.82% -5.72% -8.68% -14.21% -13.68% N/A -7.88% -0.66% -5.07% -4.95% -1.94% -17.26% -1.89% -3.49% -4.67% N/A -7.50% N/A -13.70% -20.32% -1.62% -1.68% N/A -2.68% -1.19% -4.12% -5.04% -6.45% -15.31% -4.30% 0.00% -1.05% -7.37% -8.35% -1.07% -2.50% -4.69% -5.42% -6.50% -11.70% -12.28% -10.49% -21.63% Ülke Tahvilleri (Sukuk) Şirket Tahvilleri AKBANK AKBANK AKBANK AKBANK AKBANK ALTERNATİFBANK ALTERNATİFBANK ANADOLU EFES ARÇELİK ARÇELİK COCA-COLA CREDIT EUROPE BANK EXPORT CREDIT BANK EXPORT CREDIT BANK EXPORT CREDIT BANK EXPORT CREDIT BANK EXPORT CREDIT BANK EXPORT CREDIT BANK FİBABANKA FİBABANKA FİNANSBANK FİNANSBANK FİNANSBANK GARANTİ GARANTİ GARANTİ GARANTİ GARANTİ GARANTİ GLOBAL LİMAN HALK BANKASI HALK BANKASI HALK BANKASI HALK BANKASI İŞ BANKASI İŞ BANKASI İŞ BANKASI İŞ BANKASI İŞ BANKASI İŞ BANKASI İŞ BANKASI İŞ BANKASI İŞ BANKASI Uluslararası Sermaye Piyasaları 3/26/2019
3. 3 KO Ç HOLDİNG KOÇ HOLDİNG KOÇ HOLDİNG MERSİN LİMAN ODEABANK PETKİM RONESANS ŞİŞECAM ŞİŞECAM TSKB TSKB TSKB TSKB TSKB TURKCELL TURKCELL TÜPRAŞ TÜRK TELEKOM TÜRK TELEKOM VAKIFLAR BANKASI VAKIFLAR BANKASI VAKIFLAR BANKASI VAKIFLAR BANKASI VAKIFLAR BANKASI VAKIFLAR BANKASI VAKIFLAR BANKASI VAKIFLAR BANKASI YAPI KREDİ YAPI KREDİ YAPI KREDİ YAPI KREDİ YAPI KREDİ YAPI KREDİ YAPI KREDİ YAPI KREDİ YAPI KREDİ YAŞAR HOLDİNG ZİRAAT BANKASI ZİRAAT BANKASI ZİRAAT BANKASI ZİRAAT BANKASI XS0922615819 XS1379145656 XS1961766596 XS0957598070 XS1655085485 XS1747548532 XS1807502668 XS0927634807 XS1961010987 XS1117601796 XS1219733752 XS1412393172 XS1750996206 XS1584113184 XS1298711729 XS1803215869 XS1686704948 XS1028952155 XS1028951264 XS1077629225 XS1403416222 XS1508914691 XS1622626379 XS0849728190 XS1760780731 XS1175854923 XS1551747733 XS1028938915 XS0874840688 XS0861979440 XS1571399754 XS1634372954 XS1958649854 XS1376681067 XS1788516679 XS1867595750 XS1132450427 XS1083936028 XS1223394914 XS1605397394 XS1691349010 USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD EUR EUR USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD 3.50 5.25 6.50 5.88 7.63 5.88 7.25 4.25 6.95 5.38 5.13 4.88 5.50 7.63 5.75 5.80 4.50 3.75 4.88 3.50 2.38 5.50 5.63 6.00 5.75 6.88 8.00 5.13 4.00 5.50 5.75 5.85 8.25 8.50 6.10 13.88 8.88 4.25 4.75 5.13 5.13 4/24/2020 97.875 3/15/2023 95.500 3/11/2025 97.250 8/12/2020 99.750 8/1/2027 77.000 1/26/2023 92.897 4/26/2023 81.000 5/9/2020 98.875 3/14/2026 97.500 10/30/2019 99.125 4/22/2020 97.000 5/18/2021 94.500 1/16/2023 88.750 3/29/2027 85.125 10/15/2025 92.500 4/11/2028 87.625 10/18/2024 89.375 6/19/2019 99.860 6/19/2024 90.750 6/17/2019 100.000 5/4/2021 96.710 10/27/2021 94.875 5/30/2022 92.750 11/1/2022 88.500 1/30/2023 89.875 2/3/2025 92.500 11/1/2027 87.000 10/22/2019 99.500 1/22/2020 97.500 12/6/2022 87.750 2/24/2022 94.000 6/21/2024 88.875 10/15/2024 97.000 3/9/2026 93.875 3/16/2023 92.000 PERP 103.000 5/6/2020 60.010 7/3/2019 99.500 4/29/2021 94.625 5/3/2022 92.500 9/29/2023 89.250 98.615 96.500 98.250 100.750 80.000 93.898 86.000 99.875 98.500 99.625 98.000 95.250 89.750 87.125 93.500 88.625 90.375 99.960 91.750 100.500 97.330 95.875 93.750 89.500 90.875 93.500 89.000 100.000 98.500 88.750 95.000 89.625 97.750 95.875 93.000 104.000 64.010 99.875 95.375 93.250 90.000 5.57 6.56 7.07 6.06 12.29 8.06 13.45 5.30 7.42 6.90 8.11 7.71 9.06 10.51 7.21 7.73 6.83 4.33 7.02 3.41 4.04 7.73 8.27 9.88 8.92 9.22 10.36 6.03 7.20 9.51 8.11 8.53 8.94 10.50 8.52 13.00 64.76 6.11 7.58 7.90 8.02 4.84 6.26 6.86 3.80 11.62 7.74 11.66 4.36 7.23 6.02 7.10 7.31 8.72 10.10 7.00 7.56 6.60 3.89 6.77 1.21 3.72 7.28 7.89 9.52 8.59 8.99 9.98 5.12 5.90 9.16 7.70 8.33 8.77 10.08 8.20 12.72 56.93 4.68 7.17 7.61 7.80 Ba2/NA Ba2/NA Ba2/NA Ba2/BB+ Caa2/BB1/B Ba3/BB Ba2/BB+ Ba2/BB+ B2/B+ B2/B+ B2/B+ B2/B+ Caa2/B Ba2u/BB+ NA/BB+ Ba2/BB+ NA/BB+ NA/BB+ B1/B+ Ba1/NA B1/B+ B1/B+ Caa1/B B1/B+ Caa2/B Caa2/B B1/BBB1/BBB2/B+ B1/BBB1/BBB1/BB-e B3/B+ B1/BBCaa1u/NA WR/BB1/B+ B1/B+ B1/B+ B1/B+ 750 750 750 450 300 500 300 500 700 350 350 300 350 300 500 500 700 500 500 500 500 500 500 672 650 500 228 550 500 1,000 600 500 500 500 500 650 250 750 500 600 500 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 100,000 100,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 -0.89% -1.29% N/A -0.75% 0.00% -2.08% 1.25% -0.48% N/A -0.25% -1.52% -1.69% -2.34% -2.71% -2.89% -4.23% -2.05% 0.06% -1.76% -0.25% -1.82% -2.32% -3.26% -5.35% -3.75% -2.12% -5.05% -0.25% -1.14% -5.26% -3.59% -3.40% N/A -3.72% -3.54% -3.96% 0.02% 0.00% -1.94% -2.50% -3.51% -0.24% -4.49% N/A -1.72% -19.16% -5.20% N/A -0.50% N/A -1.73% -2.88% -3.56% -8.50% -15.18% -10.40% N/A -6.16% 0.49% -6.67% -1.67% -5.44% -4.35% -5.59% -8.99% -7.57% -7.49% -14.49% -1.25% -0.65% -8.78% -5.41% -7.66% N/A -10.60% -7.21% N/A -40.58% -0.13% -3.68% -5.84% -7.50% XS1082151868 XS1301525207 XS1079236169 XS1505149325 XS1323608635 XS1057852912 USD USD USD USD USD USD 6.25 10.50 5.16 5.14 7.90 5.38 6/30/2019 99.510 11/30/2025 90.125 6/26/2019 99.625 11/2/2021 97.250 2/17/2026 98.000 4/24/2019 100.150 100.510 95.115 100.375 99.250 100.000 100.200 8.08 13.20 6.63 6.30 9.02 3.22 4.17 12.02 3.57 5.45 7.89 2.54 NA/NA NA/NA NA/BBNA/BBNA/B+ NA/BB- 350 250 500 500 350 500 200,000 200,000 200,000 200,000 200,000 200,000 0.01% 0.00% 0.00% -1.02% -1.01% 0.15% -0.49% -10.98% -1.48% -4.30% -3.20% -1.21% US105756BT66 US105756AR10 US105756BV13 US105756AE07 US105756BB58 BRL USD USD USD USD 8.50 1/5/2024 8.88 4/15/2024 4.25 1/7/2025 10.13 5/15/2027 8.25 1/20/2034 103.000 124.550 101.700 138.600 126.750 103.500 125.050 102.200 139.450 127.750 7.88 3.52 3.92 4.42 5.57 7.75 3.43 3.82 4.32 5.49 Ba2/BBBa2/BBBa2/BBBa2/BBBa2/BB- 3,150 1,029 4,300 838 1,502 350,000 1,000 200,000 1,000 1,000 0.98% 0.04% 0.84% 0.73% -0.24% 2.04% -0.36% 2.52% -1.00% 1.40% USP3772WAF97 USG1315RAD38 USG1315RAG68 US10553YAF25 USP1905CAE05 USG2583XAA93 US31572UAE64 US46556MAF95 USN54468AD05 US71645WAR25 US71647NAP42 US71647NAF69 US71647NAM11 XS0716979595 XS0982711714 US71647NAN93 USG8600UAA19 USP98088AA83 USP98088AA83 US91911TAM53 USD USD USD USD USD USD USD USD USD USD USD USD USD EUR EUR USD USD USD USD USD 9.00 5.75 5.38 6.45 4.75 6.88 5.25 5.65 6.88 5.38 8.38 4.38 6.25 5.88 4.75 6.85 5.88 7.25 7.25 4.38 PERP 4/15/2021 5/2/2022 2/3/2024 5/22/2024 9/21/2019 5/12/2024 3/19/2022 6/24/2019 1/27/2021 5/23/2021 5/20/2023 3/17/2024 3/7/2022 1/14/2025 6/5/2115 1/23/2021 4/5/2041 4/5/2041 1/11/2022 105.750 103.500 103.500 108.150 94.000 100.625 104.750 103.500 100.400 103.100 109.600 101.150 107.500 112.650 110.200 96.950 104.250 109.750 109.750 101.300 106.500 104.250 104.250 108.900 94.650 101.125 105.500 104.125 100.900 103.600 109.950 101.550 107.800 113.150 110.800 97.550 105.000 110.500 110.500 101.900 7.64 3.95 4.16 4.56 6.12 5.53 4.21 4.38 5.09 3.61 3.69 4.07 4.55 1.45 2.82 7.06 3.44 6.42 6.42 3.88 7.47 3.58 3.90 4.39 5.97 4.48 4.05 4.16 3.03 3.33 3.53 3.96 4.48 1.29 2.71 7.02 3.03 6.36 6.36 3.65 B2/NA Ba1/BBBBa1/BBBBa1/BBBBa2/BBBB3/B- *Ba1/BBBBa3/B+ B2/BBBa2/BBBa2/BBBa2/BBBa2/BBBa2/BBBa2/BBBa2/BBBa1/BBBBa2/BBBBa2/BBBBa1/BBB- *- 2,170 1,000 500 750 750 547 600 1,250 508 1,104 902 1,646 2,440 600 800 2,500 186 610 610 1,069 200,000 200,000 200,000 200,000 200,000 100,000 2,000 200,000 200,000 2,000 2,000 2,000 2,000 100,000 100,000 2,000 100,000 200,000 200,000 2,000 -0.94% 0.00% 0.49% -0.09% -0.74% 0.88% 1.01% -0.12% -0.20% 0.49% 0.18% 0.90% 1.90% 0.04% 0.64% -0.46% 0.39% 1.39% 1.39% 1.00% -0.24% -0.72% -0.24% -1.68% 0.00% 1.39% 1.21% 1.22% -2.29% -1.81% -3.22% 3.53% 2.87% -1.10% 1.52% 6.25% -3.70% 4.03% 4.03% -1.03% XS0504954347 XS0971721450 XS0088543193 XS0971721963 USD USD USD USD 5.00 4.88 12.75 5.88 4/29/2020 9/16/2023 6/24/2028 9/16/2043 101.899 104.999 161.320 112.240 102.151 105.048 162.320 112.990 3.20 3.65 4.55 5.00 2.97 3.64 4.45 4.95 Baa3/BBBBaa3/BBBBaa3/BBBBaa3/BBB- 3,500 3,000 2,500 1,500 100,000 200,000 10,000 200,000 -0.13% 1.32% 1.08% 1.40% -1.36% -0.20% -2.92% 1.69% Şirket Tahvilleri (Sukuk) ALBARAKA ALBARAKA KUVEYT TÜRK KUVEYT TÜRK KUVEYT TÜRK TÜRKİYE FİNANS Brezilya Ülke Tahvilleri Şirket Tahvilleri BANCO DO BRASIL BRASKEM BRASKEM BRASKEM BRF CSN ISLANDS XI FIBRIA ITAU UNIBANCO MARFRIG PETROBRAS PETROBRAS PETROBRAS PETROBRAS PETROBRAS PETROBRAS PETROBRAS SUZANO VOTORANTIM VOTORANTIM VALE Rusya Ülke Tahvilleri Uluslararası Sermaye Piyasaları 3/26/2019
4. 4 Şirket Tahvilleri ALFA BANK GAZPROM GAZPROM GAZPROM GAZPROMBANK GAZPROMBANK LUKOIL LUKOIL LUKOIL LUKOIL NORILSK PROMSVYAZ BANK ROSNEFT RUSSIAN AGRI BANK SBERBANK SBERBANK SBERBANK SBERBANK SBERBANK VIP VTB BANK XS0620695204 XS0424860947 XS0906946008 XS0290580595 XS0779213460 XS0975320879 XS0461926569 XS0554659671 XS0304274599 XS0919504562 XS1298447019 XS1086084123 XS0861981180 XS0979891925 XS0799357354 XS0638572973 XS0848530977 XS0935311240 XS1032750165 XS0643183220 XS0842078536 USD USD EUR USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD 7.75 9.25 3.39 6.51 7.25 7.50 7.25 6.13 6.66 4.56 6.63 10.50 4.20 8.50 5.18 5.72 5.13 5.25 5.50 7.50 6.95 4/28/2021 4/23/2019 3/20/2020 3/7/2022 5/3/2019 12/28/2023 11/5/2019 11/9/2020 6/7/2022 4/24/2023 10/14/2022 7/30/2021 3/6/2022 10/16/2023 6/28/2019 6/16/2021 10/29/2022 5/23/2023 2/26/2024 3/1/2022 10/17/2022 105.280 100.192 102.120 106.200 99.330 99.714 101.872 103.243 107.487 101.120 106.820 4.010 98.670 103.762 99.567 102.425 101.334 101.112 99.229 109.505 102.236 106.780 100.567 103.620 106.700 100.830 101.214 102.622 103.993 108.237 101.870 107.820 54.010 100.170 105.262 101.067 103.925 102.834 102.612 100.729 110.014 103.736 5.04 6.23 1.20 4.24 13.83 NA 4.06 4.03 4.13 4.26 4.52 313.98 4.69 7.51 6.85 4.55 4.72 4.95 NA 4.03 6.24 4.31 1.04 -0.30 4.07 -1.24 NA 2.83 3.55 3.88 4.06 4.23 43.75 4.14 7.12 0.89 3.85 4.26 4.55 NA 3.85 5.77 1,000 2,250 1,000 1,300 500 600 1,000 500 1,500 1,000 2,000 500 1,000 1,000 2,000 1,000 417 1,412 200,000 100,000 100,000 100,000 200,000 200,000 100,000 200,000 100,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 0.20% -0.41% -0.29% 0.59% -0.57% 1.05% -0.18% 0.36% 0.76% 1.11% 0.91% 0.00% 1.09% 1.64% -0.13% 0.75% 1.49% 1.07% N/A 0.01% 1.08% -3.82% -5.40% -2.49% -1.14% -3.66% -1.80% -3.85% -2.57% -2.22% 0.52% -2.02% 40000.00% -0.01% -6.58% -2.57% -2.40% 0.54% -0.13% -1.35% -0.81% -4.02% US922646AS37 US922646BL74 USP17625AB33 USP17625AC16 USP17625AD98 USP17625AE71 USP97475AN08 USD USD USD USD USD USD USD 9.25 9.38 9.25 12.75 11.95 11.75 7.75 9/15/2027 1/13/2034 5/7/2028 8/23/2022 8/5/2031 10/21/2026 10/13/2019 30.148 31.246 30.313 30.333 30.267 30.571 NA C/WD C/WD C/WD C/WD C/WD C/WD C/WD 4,000 1,500 2,000 3,000 4,200 3,000 2,496 1,000 2,000 100 100 100 100 100 1.12% -1.38% 1.79% 0.83% 0.61% 1.75% N/A -1.30% -3.77% 5.49% -6.58% -7.01% -5.59% N/A USP7807HAM71 XS0294364954 USD USD 12.75 2/17/2022 5.38 4/12/2027 NA #N/A Invalid #N/A Override Invalid Override NA/C NA #N/A Invalid #N/A Override Invalid Override NA/C 3,000 3,000 100 400 N/A N/A N/A N/A US91087BAA89 US91086QBF46 USD USD 3.60 4.60 1/30/2025 1/23/2046 99.600 95.750 100.000 96.400 2,454 3,000 200,000 200,000 1.84% 3.91% 1.68% 2.82% USP16259AB20 USP16259AK29 USP30179AM09 USP2253TJE03 USU12763AD75 XS1379158048 US71654QBG64 US71656MAF68 USD USD USD USD USD EUR USD USD 6.50 4.38 4.88 5.70 6.00 5.13 3.50 6.63 3/10/2021 4/10/2024 1/15/2024 1/11/2025 4/1/2024 3/15/2023 1/30/2023 PERP 104.350 101.586 101.875 101.925 102.625 NA 95.450 86.000 104.850 4.15 3.89 Baa2/BBB101.784 4.02 3.98 A3/A102.625 4.44 4.26 Baa1/BBB+ 102.675 5.13 4.91 NA/BB 103.375 5.05 0.97 NA/BB NA #N/A Invalid #N/A Override Invalid OverrideBaa3/BBB95.800 4.81 4.71 Baa3/BBB87.000 7.78 7.69 Baa3/BBB- 1,250 750 1,250 1,071 1,000 900 2,100 1,000 150,000 150,000 200,000 200,000 200,000 100,000 10,000 10,000 0.38% 1.33% 1.60% 0.79% 0.64% N/A 2.41% 4.24% -4.05% 0.02% -0.37% -1.28% -0.85% N/A -0.05% -13.13% US040114GL81 US040114GK09 USD USD 8.28 12/31/2033 2.50 12/31/2038 82.400 57.200 83.250 57.700 11.32 8.79 11.15 8.72 B2/WD B2/WD 3,966 5,297 1 1 -4.46% -2.31% -24.09% -13.73% USP989MJBE04 USD 8.50 7/28/2025 97.300 98.050 9.07 8.91 B2/B 1,500 1,000 0.05% -10.94% US836205AN45 US836205AQ75 US836205AR58 US836205AS32 USD USD USD USD 5.50 4.67 5.88 5.38 3/9/2020 1/17/2024 9/16/2025 7/24/2044 101.582 100.489 105.148 91.712 101.882 100.989 105.648 92.462 3.78 4.55 4.94 6.02 3.46 4.43 4.85 5.95 Baa3/BB+ Baa3/BB+ Baa3/BB+ Baa3/BB+ 1,619 1,500 2,000 1,000 100,000 100,000 200,000 200,000 -0.08% 0.45% 0.33% -1.40% -1.93% 0.62% -0.61% -2.41% US03512TAC53 XS0579851949 XS1187065443 XS0809571739 XS1113141441 USD USD USD USD USD 5.13 5.75 7.13 4.00 3.90 8/1/2022 1/26/2021 2/11/2025 7/26/2022 6/24/2020 103.431 98.563 98.784 97.989 99.773 104.061 99.563 99.534 98.739 100.398 4.02 6.59 7.38 4.66 4.09 3.82 6.00 7.22 4.41 3.57 Baa3/NA B3/NA B3/NA Baa3/BB+u Baa3/BB+ 750 1,750 1,250 1,000 500 1,000 200,000 200,000 200,000 200,000 -0.14% -1.14% -2.99% 1.16% 0.30% 0.46% -0.14% -2.81% 0.72% -0.68% XS1044540547 USD 4.75 3/18/2024 103.551 104.051 3.96 3.85 Ba2/BB+ 1,250 200,000 1.14% 4.70% XS0903465127 XS1196496688 USD USD 4.75 6.95 3/13/2023 3/18/2030 101.611 111.734 102.361 112.734 4.30 5.51 4.10 5.40 Ba2/BB+ NR/BB+ 1,000 750 200,000 200,000 0.55% 0.80% 2.86% 4.09% Ba1/BB+ Baa2/BBBBaa2/BBBBaa2/BBBB2/BB WR/WD Baa2/BBB+ Baa2/BBB+ Baa2/BBB+ Baa2/BBB+ Baa2/BBB- *WR/WD Baa3/WD NR/NA Baa3/BBBBaa3/BBBBa1/BB+ NA/BB+ NA/WD Ba2/BB+ Ba2/WD Venezuella Ülke Tahvilleri 32.447 32.66 30.83 33.718 28.89 27.05 31.845 34.14 32.76 31.834 60.12 57.79 31.518 36.39 35.17 32.000 42.88 41.25 NA #N/A Invalid #N/A Override Invalid Override Şirket Tahvilleri PDVSA PDVSA NA NA Meksika Ülke Tahvilleri 3.68 4.89 3.60 4.84 A3/BBB+ A3/BBB+ Şirket Tahvilleri BBVA BANCOMER BBVA BANCOMER CFELEC CEMEX CEMEX PEMEX PEMEX PEMEX Arjantin Ülke Tahvilleri Şirket Tahvilleri YPF SOCIEDAD Güney Afrika Ülke Tahvilleri Şirket Tahvilleri ANGLOGOLD ESKOM ESKOM TRANSNET ZAR SOV CAPITAL FUND Azerbaycan Ülke Tahvilleri Şirket Tahvilleri SOCAR SOCAR Uluslararası Sermaye Piyasaları 3/26/2019
5. 5 G ürcistan Şirket Tahvilleri GEORGIAN RAILWAY XS0800346362 USD 7.75 7/11/2022 107.251 107.644 5.31 5.19 NA/BB- 500 200,000 0.79% -2.02% XS1120709669 XS1263054519 XS1120709826 XS1263139856 USD USD USD USD 3.88 10/14/2024 102.816 5.13 7/21/2025 109.021 4.88 10/14/2044 106.470 6.50 7/21/2045 128.349 103.223 109.521 106.861 128.599 3.31 3.52 4.45 4.63 3.24 3.43 4.42 4.61 Baa3/BBB Baa3/BBB Baa3/BBB Baa3/BBB 1,500 2,500 1,000 1,500 200,000 200,000 200,000 200,000 0.72% 1.04% 1.54% 1.34% 1.56% 0.82% 7.45% 6.83% XS0934609016 XS0867478124 USD USD 4.63 5/24/2023 98.500 5.50 12/21/2022 100.000 103.500 101.000 5.03 5.43 3.71 -7.65 Ba1/WD NA/BB 548 200,000 1 0.00% 0.76% -0.82% 0.50% GR0114030555 GR0124034688 GR0128015725 GR0133011248 GR0138015814 GRR000000010 EUR EUR EUR EUR EUR EUR 3.50 1/30/2023 104.665 3.75 1/30/2028 101.185 3.90 1/30/2033 97.535 4.00 1/30/2037 94.585 4.20 1/30/2042 94.435 0.00 10/15/2042 0.306 104.695 101.215 97.565 94.615 94.465 0.376 2.22 3.59 4.14 4.44 4.60 NA 2.21 3.59 4.13 4.44 4.60 NA B1/BBB1/BBB1/BBB1/BBB1/BBNA/NA 4,356 5,963 6,091 4,805 4,604 62,383 1 1 1 1 1 100 N/A N/A N/A N/A N/A 6.99% N/A N/A N/A N/A N/A -7.55% US06120TAA60 USG21895AC44 XS1165659357 USY39656AA40 USD USD USD USD 5.00 11/13/2024 105.642 5.95 4/28/2041 124.961 4.50 1/16/2020 100.653 6.00 PERP 101.250 105.806 126.171 100.733 101.400 3.87 4.20 3.66 4.09 3.84 4.13 3.56 3.88 Baa2/BBB+ A2/A+ Baa1/A Ba1/NA 3,000 500 1,200 2,940 200,000 200,000 200,000 200,000 1.07% 4.38% 0.30% 0.05% 2.73% 2.01% -0.69% -0.74% XS1133588233 US759468AC51 USD USD 4.75 11/12/2019 99.750 5.40 2/14/2022 104.795 100.500 105.080 5.15 3.63 3.92 3.53 Ba2/BB Baa2/NA 500 1,500 200,000 250,000 0.00% 0.77% -0.75% -0.48% USY7138AAA89 USD 5.25 103.875 104.250 3.37 3.19 Baa2/BBB 1,000 200,000 0.73% -0.24% USP9451YAC77 USD 5.88 10/30/2021 102.502 102.968 4.02 3.23 Ba2/NA 225 150,000 0.18% -0.59% XS0794821453 XS0805885349 XS1241110300 XS1075401726 XS0863524277 XS0885065887 USD USD USD USD USD USD 7.00 6.40 2.92 4.56 3.63 4.50 101.358 5.29 0.93 Baa2/BBB+ 101.470 4.78 1.55 Baa3/NA 99.500 3.79 3.35 A3/A 102.000 4.24 4.13 Baa2/NA NA #N/A Invalid #N/A Override Invalid Override A3/A NA #N/A Invalid #N/A Override Invalid Override NA/NA 237 500 750 750 1,250 429 200,000 200,000 200,000 200,000 200,000 200,000 -0.38% -0.33% 0.38% 0.50% N/A N/A -3.77% -3.27% 0.25% -0.61% N/A N/A Kazakistan Ülke Tahvilleri Şirket Tahvilleri KAZAGRO KAZKOMMERTSBANK Yunanistan Ülke Tahvilleri Çin Şirket Tahvilleri BANK OF CHINA CNPC HK HUARONG FINANCE IND & COMM BANK Hindistan Şirket Tahvilleri JSW STEEL LTD RELIANCE HOLDINGS Endonezya Şirket Tahvilleri PERTAMINA 5/23/2021 Peru Şirket Tahvilleri UNACEM Birleşik Arap Emirlikleri Şirket Tahvilleri (Sukuk) JAFZ SUKUK 2019 EMAAR SUKUK LTD DIB SUKUK LTD EMG SUKUK ABU DHABI NATIONAL EMIRATES Uluslararası Sermaye Piyasaları 6/19/2019 7/18/2019 6/3/2020 6/18/2024 1/12/2023 2/6/2025 100.358 100.470 99.000 101.500 NA NA 3/26/2019