Free Trial
USDCAD TECHS

Cements Short-Term Reversal

US EURODLR OPTIONS

BLOCK, Late put Fly

AUDUSD TECHS

Extends Break of the 50-Day EMA

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

FinMin Nebati Says Inflation-Linked Bonds Will be Introduced Shortly

TURKEY

LOCAL NEWS (Eid Al-Fitr Holiday)

  • FinMin Nebati says Turkey will shortly introduce inflation-linked bonds to help protect savings. Says Govt has completed work on the new products and will decide on timing of issuance within the framework of market conditions and Treasury borrowing strategies once other operational processes have been completed – Ahval
  • Zelensky complains of Turkey’s double standards on Russian tourist following measures to boost its attractiveness for Russians. Govt has laid out $300m in loans to support tourism companies, facilitated additional flights to Russia and made it easier for Russians to access payment methods ahead of its tourism season.
    • Officials remain optimistic that Turkey will exceed its target for $35bn in revenue this season – Duvar
  • Istanbul inflation surges to 80% in April according to the Istanbul chamber of commerce on Sunday. Erdogan said at the weekend that expects inflation to fall from May.
    • Transport prices surged by 118%, household expenditures by 93.12% & food prices by 84.4% - Ahval
161 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.

LOCAL NEWS (Eid Al-Fitr Holiday)

  • FinMin Nebati says Turkey will shortly introduce inflation-linked bonds to help protect savings. Says Govt has completed work on the new products and will decide on timing of issuance within the framework of market conditions and Treasury borrowing strategies once other operational processes have been completed – Ahval
  • Zelensky complains of Turkey’s double standards on Russian tourist following measures to boost its attractiveness for Russians. Govt has laid out $300m in loans to support tourism companies, facilitated additional flights to Russia and made it easier for Russians to access payment methods ahead of its tourism season.
    • Officials remain optimistic that Turkey will exceed its target for $35bn in revenue this season – Duvar
  • Istanbul inflation surges to 80% in April according to the Istanbul chamber of commerce on Sunday. Erdogan said at the weekend that expects inflation to fall from May.
    • Transport prices surged by 118%, household expenditures by 93.12% & food prices by 84.4% - Ahval