Minister Şimşek: 'Turkey's CDS is at its lowest level in the last 4 years'

Minister of Treasury and Finance Mehmet Şimşek announced that Turkey's CDS (Credit Default Swap), which indicates the country's risk premium, is at its lowest level in the last 4 years.

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Minister Şimşek: 'Turkey's CDS is at its lowest level in the last 4 years'

Minister of Treasury and Finance Mehmet Şimşek shared information about Turkey's credit risk premium on his X account.

Stating that the CDS, which indicates Turkey's risk premium, is at its lowest level in the last 4 years, Şimşek said, "While the improvement in the risk premium in emerging countries has averaged 50 basis points over the last year, it has exceeded 400 basis points in our country.

The falling risk premium, thanks to the correct policies we have implemented, reduces the external borrowing costs for both the public and private sectors while also facilitating access to external financing," he stated.

Risk primimizi gösteren CDS son 4 yılın en düşük seviyesinde.

Son bir yılda risk primindeki iyileşme gelişmekte olan ülkelerde ortalama 50 baz puan iken ülkemizde 400 baz puanın üzerinde gerçekleşti.

Uyguladığımız doğru politikalarla düşen risk primi hem kamunun hem özel… pic.twitter.com/m4gFmw2SOV
— Mehmet Simsek (@memetsimsek) May 28, 2024

News Source: İHA

Minister Şimşek: 'Turkey's CDS is at its lowest level in the last 4 years'

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