Page 6 - TURKRptNov22

Thanks to the latest positive mood on the global markets, a limited recovery is visible in the Turkish central bank’s international reserves.
Turkey’s five-year credit default swaps (CDS), meanwhile, remain above the 700-level, while the yield on the Turkish government’s 10-year eurobonds remains above the 10% level.
Akbank (AKBNK) launched the autumn syndicated loan renewals season for peers at record high costs.
Main opposition leader Kemal Kilicdaroglu did not secure any noticeable political gains from his US trip.
6 TURKEY Country Report November 2022 www.intellinews.com