Market Talk: Turkısh Lıra, Bonds Slıghtly Weaker

The Turkish lirabonds are slightly weaker on profit taking. USD/TRY trades at 1.5190 from 1.5180 Thursday, while the benchmark November 16, 2011 bond trades at 8.86% from 8.83% Thursday. Analysts forecast TRY to trade between 1.51401.5230the benchmark bond to trade between 8.8%8.9%, in the short term.