Turkey dollar-bonds fall after Washington imposes sanctions

LONDON – Turkey’s dollar-bonds fell across the curve on Thursday, after the United States imposed sanctions on two of President Tayyip Erdogan’s ministers over the trial of an American pastor accused of backing a 2016 coup attempt in Turkey.

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The 2038 issue fell as much as 1.4 cents to their lowest level since June 20, according to data from Tradeweb.

 

  • Reuters

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