"Turkish Banks Sell Lira Bonds After Regulator Removes Government Safeguard
By Selcuk Gokoluk and Jason Webb - Dec 17, 2010 8:37 AM GMT+0200
Turkey’s Biggest Banks Sell Debt
Turkiye Garanti Bankasi, one of the two biggest listed lenders in Turkey, plans to enter the local bond market as the central bank prepares for possible rate cuts. Photographer: Kerem Uzel/Bloomberg
Turkey’s largest banks are lining up to sell their first lira-denominated bonds after regulators eliminated a ban designed to safeguard investor demand for government debt."
More:Turkish Banks Sell Lira Bonds After Regulator Removes Government Safeguard - Bloomberg