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Wednesday, January 05, 2011

Turkey Hires Banks for Sale of 30-Year Dollar Bonds - BusinessWeek

"Turkey Hires Banks for Sale of 30-Year Dollar Bonds
January 05, 2011, 7:48 AM EST

By Mark Bentley and Steve Bryant

(Updates with minister’s comment in third paragraph.)

Jan. 5 (Bloomberg) -- Turkey offered dollar-denominated bonds maturing in 2041, taking advantage of a drop in borrowing costs to finance budget spending."

More:Turkey Hires Banks for Sale of 30-Year Dollar Bonds - BusinessWeek