August 2, 2018 / 6:45 AM / 5 months ago

Turkey dollar-bonds fall after Washington imposes sanctions

LONDON, Aug 2 (Reuters) - Turkey’s dollar-bonds fell across the curve on Thursday, after the United States imposed sanctions on two of President Tayyip Erdogan’s ministers over the trial of an American pastor accused of backing a 2016 coup attempt in Turkey.

The 2038 issue fell as much as 1.4 cents to their lowest level since June 20, according to data from Tradeweb. (Reporting by Karin Strohecker; editing by Dhara Ranasinghe)

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