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stood at Turkish lira (TRY) 348bn with a weighted average cost of 10.39% versus TRY223bn via open market operations at a weighted average cost of 13.40%. (by @burumcekci via @e507)
7.3 ​Stock market
Foreign investors are playing with banking shares. The banking index goes up and down by 5% d/d while stock-based and intraday volatility is higher.
Turkey’s 5-year credit default swaps (CDS) also provide good volatility though the course they have taken has mainly been downwards.
38​ TURKEY Country Report​ December 2020 ​ ​www.intellinews.com