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Monday, January 16, 2012

Turkey Yields Drop on Lower Funding Costs, Interest Rate Bets - Bloomberg

Turkey Yields Drop on Lower Funding Costs, Interest Rate Bets

By Selcuk Gokoluk - Jan 16, 2012 4:28 AM ET

Turkish yields sank for a fourth day as the central bank reduced borrowing costs in one-week repo auctions and on speculation that the government will intervene to contain interest rates.

More:Turkey Yields Drop on Lower Funding Costs, Interest Rate Bets - Bloomberg