The Turkish government issues state bonds to encourage investment in Turkey
To boost foreign investor confidence in the Turkish economy, the Turkish government has decided to launch a five-year state bond in US dollar and euro as of Monday 17/12/2018.
The Turkish Minister of Finance, in his address to Istanbul Investor Relations Summit, pointed out that Turkey has managed to control the turbulence in the Turkish market by adhering to successful monetary policies and working without fail or hesitation to maintain the stable value of the Turkish lira. The Turkish lira has recovered about 20% of its value against The US dollar as of August.
The increase in the demand for Turkish bonds is a clear indicator of the success of the financial and economic policies that the government is seeking to strengthen and gain investor confidence.