July 8, 2019 / 6:51 AM / in 15 days

Turkey dollar bonds drop after cenbank governor dismissal

LONDON, July 8 (Reuters) - Dollar-denominated bonds issued by Turkey’s government dropped on Monday after President Tayyip Erdogan, a proponent of lower interest rates, dismissed central bank governor Murat Cetinkaya.

Bonds slipped across the curve, with the 2020, 2030 and 2041 issues dropping around 1 cent in early trade, according to Refinitiv data. (Reporting by Karin Strohecker Editing by Tommy Wilkes)

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