Turkish bonds 26 percent annual return with the Erdogan Zock

Turkish bonds 26 percent annual return with the Erdogan Zock

Turkish bonds 26 percent annual return with the Erdogan Zock

35 government bonds are traded on the Frankfurt Stock Exchange. , which is happening in the country, and in which the Turkish lira has lost half of its value within twelve months, the considerable turbulence in Turkish bonds would be understandable. But measured against this, there is a fair amount of calm in Frankfurt. With values ​​between 2.5 percent (for the short runner ISIN XS1057340009) and 7.8 percent (for the long runner US900123CG37), the returns have by no means gotten out of hand.

The reason for this relative stability: Of the 35 Turkish government bonds in Frankfurt, 30 are denominated in dollars and five in euros. The decline in the local currency, the lira, is not immediately noticeable here. Could this turn into a profitable business?