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

To contact the editor responsible for this story: Aydan Eksin at

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