Market Talk: Turkısh Lıra, Bonds Stronger

The Turkish lirabonds are stronger in line with gains in global stock markets

The Turkish lirabonds are stronger in line with gains in global stock markets. USD/TRY trades at 1.5260 from 1.5350 Tuesday. Meanwhile the benchmark April 25, 2012 bond trades at 8.35%, from 8.41% Tuesday. Analysts forecast TRY to trade between 1.52001.5450,the benchmark bond to trade between 8.30%8.50%, in the short term.
(SB-SB-ENG)

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