Wednesday, January 25, 2012

Turkish Bond Yields Extend Decline on Stable Lira, Lower Rate - Bloomberg

Turkish Bond Yields Extend Decline on Stable Lira, Lower Rate

By Selcuk Gokoluk - Jan 25, 2012 4:52 AM ET

Turkish benchmark yields extended their decline after the country’s central bank offered to lend at its lower rate, 5.75 percent, as a relatively strong lira supported the appetite for local bonds.

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