April 25, 2019 / 11:27 AM / a month ago

Turkey dollar bonds slip after central bank holds rates, drops tightening reference

LONDON, April 25 (Reuters) - Turkey’s dollar-denominated bonds extended earlier losses on Thursday after the central bank kept interest rates unchanged and dropped a previous reference to its readiness to tighten policy further as needed to address inflation.

Bonds maturing in 2030 and 2045 fell nearly 1 cent in the dollar, according to Tradeweb data. The lira weakened 1 percent against the dollar.

Reporting by Karin Strohecker; Editing by Tom Arnold

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