Fixed Income Analysis /

Europe/CIS regional fixed income market watch – October 2021

  • To curb inflation, regional central banks continued monetary policy tightening in Oct-21

  • Turkey surprised the markets once again, with central bank cutting the interest rate by another 200bps to 16%

  • The move sent Lira tumbling further, having lost c. 30% of its value against dollar in 2021

Eva Bochorishvili
Giorgi Iremashvili
Ana Nachkebia
Galt & Taggart
1 November 2021
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