Turkish sovereign bonds rise, CDS fall [Reuters]
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Source: Reuters
Turkish sovereign bonds rise, CDS fall | Reuters Reuters Staff 1 Min Read LONDON, Aug 14 (Reuters) - Turkish sovereign dollar bonds rose across the curve on Tuesday, with some issues gaining around 2 cents, while the cost of insuring exposure to Turkish debt fell as the lira rebounded from Monday’s record lows. The 2038 Eurobond rose 2.2 cents to 83.5 cents in the dollar, according to Tradeweb. The 2043 issue also gained 2.2 cents to 66.55 cents in the dollar. Turkish five-year credit default swaps fell 40 basis points from Monday’s close to 540 bps, according to IHS Markit data. Reporting by Claire Milhench; Editing by Catherine Evans All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. © 2018 Reuters. All Rights Reserved. Turkish sovereign bonds rise, CDS fall LONDON, Aug 14 (Reuters) - Turkish sovereign dollar bonds rose across the curve on Tuesday, with some issues gaining around 2 cents, while the cost of insuring exposure to
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