"Bonds: Turkish debt among 'most attractive'
By Agnes Lovasz Bloomberg News
MONDAY, MARCH 13, 2006
LONDON Turkey may sell 20-month debt at the lowest yield in more than two decades on Monday as the government curbs inflation and prepares to join the European Union.
Yields on benchmark 20-month bonds have fallen 11 percentage points since March 2004 as the government cut spending, raised taxes and reduced inflation to a 30-year low. Turkey's borrowing costs plunged as it recovered from a financial crisis that drove overnight interest rates to 6,200 percent in 2001."
More:Bonds: Turkish debt among 'most attractive' - Marketplace by Bloomberg - International Herald Tribune
