Market Talk: Turkısh Lıra, Bonds Weaker

  The Turkish lira is weaker as USD gains ground against EUR . USD/TRY trades at 1 . 5580 from 1 . 5530 Friday . Bonds are also weaker ahead of a six-month , discount , reference bond auction Monday . The benchmark Jan . 25 , 2012 bond trades at 8 . 49% from 8 . 45% Friday . Analysts forecast TRY to trade between 1 . 54501 . 5680the benchmark bond to trade between 8 . 40%8 . 55% , in the short term .
( SB-SB-ENG )