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Emerging MarketsEM CEE

Rally opens up further bond possibility for Turkey

AdobeStock_Turkey_up_575x375_09Nov2020

A sustained revival of confidence in Turkish markets has caused the lira and other metrics to improve in recent days. That, market participants said, has strengthened the country's standing in international debt markets to the point where it could consider a long dated new issue, though concerns around rising US rates are simmering away in the background.

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