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Markets

Turkey's benchmark bond yield rises to 8.30pc

ISTANBUL : Turkey 's benchmark May 15, 2013 bond yield rose on Tuesday to 8.30 percent, its highest level since Aug.

Published September 20, 2011 Updated September 20, 2011 09:18am

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By Syed Murtaza Gheblehzadeh

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turkish-bonds ISTANBUL: Turkey's benchmark May 15, 2013 bond yield rose on Tuesday to 8.30 percent, its highest level since Aug. 9, on rising European debt worries and the lira's depreciation against the dollar.

The benchmark bond yield closed at 8.27 percent on Monday after the lira weakened to 1.8100 versus the dollar.

Copyright Reuters, 2011

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