Bond deal the next step as Turkey delivers longed for rate hike
![AdobeStock_Turkey_up_575x375_09Nov2020](https://assets.euromoneydigital.com/dims4/default/dce69c6/2147483647/strip/true/crop/575x375+0+0/resize/840x548!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2F14%2F93%2F7676b5543cb0d6a67bebc7042590%2Fadobestock-turkey-up-575x375-09nov2020.jpg)
The Central Bank of the Republic of Turkey delivered a much anticipated interest rate hike on Thursday, fulfilling market watchers' hopes that the country will reform its way to economic recovery. A trip to the primary bond market for the sovereign could be imminent.
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