Search This Blog

Sunday, November 5, 2023

'Bond Trade of 2024 in Emerging Markets May Beckon in Turkey'

  • Lira debt increasingly drawing interest of Amundi, Abrdn, Itau
  • Foreigners abandoned market after years of unorthodox policies

 

Some of the world’s largest investors are taking a fresh look at an unloved Turkish bond market that could prove to be next year’s biggest bright spot in the $8 trillion local debt universe of developing nations.

Few are taking the plunge just yet, however, despite record-high yields on offer.

https://www.bloomberg.com/news/articles/2023-11-06/the-bond-trade-of-2024-in-emerging-markets-may-beckon-in-turkey

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.