Turkey-dol­lar bonds.

Kathimerini English - - Focus -

man­age­ment also told the AGM that in the July-Septem­ber quar­ter, group turnover rose by about 6 per­cent year-on-year. Stag­na­tion in Greece was off­set by ro­bust growth rates in Ro­ma­nia, Bul­garia and Cyprus. Jumbo’s stock rose 2.63 per­cent yes­ter­day on the Greek bourse.

Turkey’s 20202030 dol­lar bonds hit their high­est level since Au­gust yes­ter­day, as a drop in the US cur­rency fol­low­ing midterm elec­tions helped ex­tend the re­cent re­bound in Turkey’s mar­kets. Ankara’s 2030 bond got the big­gest boost, ris­ing nearly 1 cent in price in what looked set to be a fourth straight day of gains. said in an in­ter­view. Lud­wig Heinz, S&P’s pri­mary Bul­garia an­a­lyst, said the coun­try’s planned ac­ces­sion to the eu­ro­zone’s ex­change rate mech­a­nism, a pre­cur­sor to join­ing the sin­gle cur­rency, would be a clear trig­ger for a rat­ing up­grade. Other trig­gers, he said, would be fur­ther re­duc­tions in bad loans or a bet­terthan-ex­pected fis­cal per­for­mance.

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