TURKEY - Anadolu Hayat Emeklilik AS, Turkey's biggest manager of pension funds, has started buying the first lira- denominated bonds ever sold by local banks to benefit from higher returns than are available on government debt.
Lower interest rates in Turkey are pushing investors to search for higher yielding assets such as bonds offered by banks, Anadolu Hayat's deputy chief executive Oguz Haluk Solak, said. Solak said h...
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