Thursday, January 23, 2014

Turkey’s eurobond a boon amid turmoil

Turkey’s eurobond a boon amid turmoil

ISTANBUL - Reuters

Turkey received a vote of confidence in its underlying economic health Jan. 23, with foreign investors lapping up a $2.5 billion eurobond issue even as a corruption scandal swirled and the central bank intervened to prop up the lira.

More:FINANCE - Turkey’s eurobond a boon amid turmoil