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bondsaISTANBUL: The yield on Turkey's benchmark bond fell to 8.92 percent on Wednesday, the lowest level since the end of February, after Moody's Investors Service raised Turkey's government bond ratings by one notch to Ba1 from Ba2.

The agency cited a significant improvement in Turkey's public finances and the resulting increased shock-absorption capacity of the government's balance sheet.

Copyright Reuters, 2012

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