Re: Jeffrey - turkey. more than expected. Massive rally in the TRL and EM risk

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TURKEY=S CENTRAL BANK RAISES OVERNIGHT LENDING RATE TO 12.00% - this is the key rate, and it was at 7.75% until now, so a 4.25% increas=, far greater than the 2.50% expected.

TURKEY'S CENTRAL BANK RAISES BENCHMARK REPO RATE TO 10.00%=- from 4.50%

TURKEY'S CENTRAL BANK RAISES OVE=NIGHT BORROWING RATE TO 8.00% from 3.50%

TURKEY CENTRAL BANK RAISES LATE LIQUIDITY WINDOW RATE TO 15%

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To

Vinit Sahni

trade?