Calis Beach and Fethiye Turkey Discussion Forum

Turkey Related Subjects => Cost of Living in Turkey => Topic started by: Linda1953 on September 08, 2006, 17:23:48 PM

Title: Turkish Bonds
Post by: Linda1953 on September 08, 2006, 17:23:48 PM

Where can I find how to purchase Turkish Bonds?  :)

Has anyone purchased these and what are there findings? :P

Title: Turkish Bonds
Post by: teresa321 on September 08, 2006, 18:31:28 PM

Can't your bank help you with this Linda?

Title: Turkish Bonds
Post by: smudge on September 08, 2006, 19:50:32 PM

We had some one year bonds a few years ago and made 60% including what we gained on exchange rate, but i wouldnt bother now, the interest rate isnt much different to the monthly rate and i would not risk tying up a large amount in lira for 9 to 12 months at present, if the exchange rate went up again you could lose a bundle.
If you still want them then your bank will sell them to you.

Title: Turkish Bonds
Post by: Linda1953 on September 11, 2006, 10:50:57 AM

Checked this out recently and smudge you are right the monthly interest rate is not much different so would be a risk as you say!