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Thursday, August 05, 2010

Turkish Bonds, Lira Weaken on Report Budget Rule May Not Pass - BusinessWeek

"Turkish Bonds, Lira Weaken on Report Budget Rule May Not Pass
August 05, 2010, 11:32 AM EDT
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By Seda Sezer

Aug. 5 (Bloomberg) -- Turkish bonds fell, sending yields to the highest in more than two weeks, and the lira weakened after Reuters reported that Finance Minister Mehmet Simsek said the country may not approve legislation to limit the budget deficit when parliament reconvenes in October. Simsek denied the report."

More:Turkish Bonds, Lira Weaken on Report Budget Rule May Not Pass - BusinessWeek