The countries of the Middle East are the absolute leaders in terms of mineral reserves which represent the largest source of their export income. Such dependence on raw materials creates a high vulnerability to falling oil prices. This in turn may lead to a budget deficit that can be covered by issuing government bonds. An increased demand for bonds indicates that investors perceive such state as a politically stable one and expect further economic development in the foreseeable future.
|TR02 TURKEY GOVERNMENT BONDS 2 YR||95.70||0.00%||0.00||95.70||95.70||Strong Sell|
|TR03 TURKEY GOVERNMENT BONDS 3 YR||87.88||-0.14%||-0.12||88.00||87.88||Sell|
|TR03Y TURKEY GOVERNMENT BONDS 3 YR YIELD||16.95||0.43%||0.07||16.95||16.66||Buy|
|TR05 TURKEY GOVERNMENT BONDS 5 YR||88.70||-0.11%||-0.10||88.80||88.70||Sell|
|TR05Y TURKEY GOVERNMENT BONDS 5 YR YIELD||16.25||0.23%||0.04||16.25||16.07||Buy|
|TR10 Turkey Government Bonds 10 YR||88.40||-1.01%||-0.90||89.30||88.40||Sell|
|TR10Y TURKEY GOVERNMENT BONDS 10 YR YIELD||15.13||1.37%||0.20||15.13||14.84||Buy|