Bloomberg News

Double-Digit Lira Carry May Fuel Uridashi Flows, Agricole Says

February 01, 2012

Feb. 1 (Bloomberg) -- Double-digit carry trade returns could fuel Uridashi investors for the Turkish lira, Credit Agricole SA said a note today.

Uridashi bonds are debt issued in the euromarket and sold mainly to Japanese individual investors.

To contact the reporter on this story: Selcuk Gokoluk in Istanbul at sgokoluk@bloomberg.net

To contact the editor responsible for this story: Aydan Eksin at aeksin@bloomberg.net


Burger King's Young Buns
LIMITED-TIME OFFER SUBSCRIBE NOW

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

 
blog comments powered by Disqus