Barclays Sees $3.2 Billion at Stake as Moody’s Reviews Turkey

  • Moody’s to review its investment-grade rating of Turkey
  • With downgrade, investors may shed $3.2b of Turkish eurobonds

Turkey Ratings May Be Cut to Junk by Moody's

If Turkey loses its hard-won investment-grade rating, Barclays PLC expects investors to dump $3.2 billion of Turkish bonds.

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