15.75% return on turkey government notes?

Discussion in 'Economics' started by jjk2, Feb 4, 2008.

  1. links to related info:

    1994 Currency Crisis in Turkey:
    http://www.worldbank.org/html/dec/Publications/Workpapers/WPS1900series/wps1913/wps1913.pdf

    1997 Military Coup:
    http://en.wikipedia.org/wiki/1997_Turkish_coup_d'état

    2001 Currency Crisis:
    http://news.bbc.co.uk/2/hi/business/1183668.stm
    http://www.econ.brown.edu/fac/Herschel_Grossman/courses/122readings/Ozatay&Sak.pdf

    ?future?:
    http://seekingalpha.com/article/27490-is-turkey-headed-for-financial-crisis-again

    ---

    you could also open a savings account at a Turkish bank, see HSBC turkey;

    http://www.hsbc.com.tr/eng/retail_banking/interest_rates_and_fees/interest_rates.asp#1
    rates on TRY get as high as 17%

    some Turkish banks have full featured online banking systems, where you can transfer your money internationally and domestically online, you can buy bonds and funds, and trade forex
     
    #21     Feb 6, 2008