Bloomberg News

Turkish Yields Decline Most in Almost Three Months, Lira Climbs

July 14, 2011

July 14 (Bloomberg) -- Turkish bonds yields dropped the most in almost three months in Istanbul and the lira strengthened.

The yield on two-year benchmark bonds declined 17 basis points to 8.86 percent at 4:59 p.m., the biggest fall since April 21. The lira rose 0.2 percent to 1.6391 per dollar.

To contact the reporter on this story: Benjamin Harvey in Istanbul at bharvey11@bloomberg.net

To contact the editor responsible for this story: Mark Bentley at mbentley3@bloomberg.net


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