Turkish sovereign dollar bonds slide for third day
ReutersMar 21, 2025 8:27 AM
LONDON, March 21 (Reuters) - Turkey's sovereign dollar bonds slid for a third straight day on Friday, as turmoil continued around the detention of a political rival to President Tayyip Erdogan.
The 2038 maturity fell by more than 1 cent to be bid at 99.59 cents on the dollar. The bond was on track for a weekly price loss of over 2 cents, the largest in more than a year.
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