"Turkey Cancels Sale of 2020 Bonds as Yields Surge
January 28, 2011, 12:27 PM EST
By Steve Bryant
(Adds analyst comment in fourth paragraph.)
Jan. 28 (Bloomberg) -- Turkey canceled plans to sell fixed- rate bonds maturing 2020, replacing them with floating-rate notes, as yields soar on concern political unrest in the Arab world will exacerbate the country’s record trade gap."
More:Turkey Cancels Sale of 2020 Bonds as Yields Surge - Businessweek