Turkey dollar bonds slip after central bank holds rates, drops tightening reference

LONDON: Turkey's dollar-denominated bonds extended earlier losses on Thursday after the central bank kept interest rates unchanged and dropped a previous reference to its readiness to tighten policy further as needed to address inflation.

Bonds maturing in 2030 and 2045 fell nearly 1 cent in the dollar, according to Tradeweb data. The lira weakened 1 percent against the dollar.