Turkey joins QE club with new programme

Turkey has joined the list of emerging market countries experimenting with quantitative easing programmes in the wake of the Covid-19 crisis engulfing conventional funding markets.
The country's central bank announced an asset purchase programme on Tuesday that will include allowing primary dealers to sell it government debt securities initially purchased from an unemployment insurance fund.
The move follows the South African Reserve Bank’s own QE policy, unveiled last week. Poland rolled out ...Already a subscriber? Login
Further Reading
-
IPOs
European ECM suffers as US sell-off continues
-
Africa
'Everything else is secondary' to debt transparency as Zambia-IMF talks extended
-
Market News
China policy and markets round-up: CBIRC chief warns against inflow risks, issuers move to exchange market for carbon neutrality bonds
-
Regulation & Policy
Two Sessions special: China takes cautious approach to 2021 GDP growth, cuts budget deficit target and local government bond quota