Thursday 16 May 2013

[snap] Turkey gets second investment grade | beyondbrics

"Moody’s on Thursday raised Turkey’s government bond rating by one notch from Ba1 to Baa3, making it the second rating agency to award the country with an investment grade.

Fitch gave Turkey investment grade last November while Standard & Poor’s lifted its rating from BB to BB+, or one step short of investment grade, in March.

Here’s the press release from Moody’s:"

'via Blog this'

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