Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
The yield on Turkey 10Y Bond Yield rose to 29.33% on August 13, 2025, marking a 0.03 percentage point increase from the previous session. Over the past month, the yield has fallen by 0.54 points, though it remains 2.41 points higher than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. Turkey 10-Year Government Bond Yield - values, historical data, forecasts and news - updated on August of 2025.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Key information about Turkey Short Term Government Bond Yield
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
The yield on Turkey 2Y Bond Yield eased to 36.74% on August 14, 2025, marking a 0.16 percentage point decrease from the previous session. Over the past month, the yield has fallen by 1.34 points and is 1.94 points lower than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. This dataset includes a chart with historical data for Turkey 2Y Bond Yield.
https://fred.stlouisfed.org/legal/#copyright-citation-requiredhttps://fred.stlouisfed.org/legal/#copyright-citation-required
Graph and download economic data for Interest Rates: Long-Term Government Bond Yields: 6-Month to 2-Year: Total for Turkey (IRLTST01TRQ156N) from Q3 1991 to Q3 2010 about 6-month, 2-year, Turkey, long-term, bonds, yield, government, interest rate, interest, and rate.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Prices for Turkey 2Y including live quotes, historical charts and news. Turkey 2Y was last updated by Trading Economics this August 15 of 2025.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Turkey Government Bond Yield: Primary Market: 10 Years data was reported at 17.600 % pa in Jul 2018. This records an increase from the previous number of 16.940 % pa for Jun 2018. Turkey Government Bond Yield: Primary Market: 10 Years data is updated monthly, averaging 9.687 % pa from Jan 2010 (Median) to Jul 2018, with 56 observations. The data reached an all-time high of 17.600 % pa in Jul 2018 and a record low of 6.270 % pa in May 2013. Turkey Government Bond Yield: Primary Market: 10 Years data remains active status in CEIC and is reported by Turkish Treasury. The data is categorized under Global Database’s Turkey – Table TR.M012: Government Bond Yield: Primary Market: TRY Denominated Fixed Coupon.
As of July 18, 2025, the major economy with the highest yield on 10-year government bonds was Turkey, with a yield of ** percent. This is due to the risks investors take when investing in Turkey, notably due to high inflation rates potentially eradicating any profits made when using a foreign currency to investing in securities denominated in Turkish lira. Of the major developed economies, United Kingdom had one the highest yield on 10-year government bonds at this time with **** percent, while Switzerland had the lowest at **** percent. How does inflation influence the yields of government bonds? Inflation reduces purchasing power over time. Due to this, investors seek higher returns to offset the anticipated decrease in purchasing power resulting from rapid price rises. In countries with high inflation, government bond yields often incorporate investor expectations and risk premiums, resulting in comparatively higher rates offered by these bonds. Why are government bond rates significant? Government bond rates are an important indicator of financial markets, serving as a benchmark for borrowing costs, interest rates, and investor sentiment. They affect the cost of government borrowing, influence the price of various financial instruments, and serve as a reflection of expectations regarding inflation and economic growth. For instance, in financial analysis and investing, people often use the 10-year U.S. government bond rates as a proxy for the longer-term risk-free rate.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Key information about Turkey Long Term Interest Rate
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Turkey Bonds & Bills: Trade Value: USD data was reported at 48.898 USD bn in Jul 2018. This records an increase from the previous number of 47.384 USD bn for Jun 2018. Turkey Bonds & Bills: Trade Value: USD data is updated monthly, averaging 103.369 USD bn from Jun 1991 (Median) to Jul 2018, with 326 observations. The data reached an all-time high of 443.381 USD bn in Mar 2016 and a record low of 7.142 USD mn in Jun 1991. Turkey Bonds & Bills: Trade Value: USD data remains active status in CEIC and is reported by Borsa Istanbul . The data is categorized under Global Database’s Turkey – Table TR.Z014: Borsa Istanbul: Bonds and Bills Market.
The value of outstanding covered bonds in Turkey increased from *** million euros in 2015 to *** million euros in 2021. However, from 2022, the figures dropped significantly and amounted to a record low of *********** euros. In 2018, the value of outstanding covered bonds reached over *** billion euros, which was the highest figure recorded so far.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Turkey Long-Term Interest Rate: Government Bonds data was reported at 21.755 % in Dec 2026. This stayed constant from the previous number of 21.755 % for Sep 2026. Turkey Long-Term Interest Rate: Government Bonds data is updated quarterly, averaging 12.984 % from Dec 2005 (Median) to Dec 2026, with 85 observations. The data reached an all-time high of 30.278 % in Jun 2024 and a record low of 6.312 % in Mar 2013. Turkey Long-Term Interest Rate: Government Bonds data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Turkey – Table TR.OECD.EO: Interest Rate: Forecast: OECD Member: Quarterly. IRL - Long-term interest rate on government bonds; Turkey Government Benchmark Bid Yield 5 Years
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Turkey Central Government Debt: Bonds: Government data was reported at 579,028.487 TRY mn in Sep 2018. This records an increase from the previous number of 571,425.585 TRY mn for Aug 2018. Turkey Central Government Debt: Bonds: Government data is updated monthly, averaging 152,588.237 TRY mn from Dec 1988 (Median) to Sep 2018, with 358 observations. The data reached an all-time high of 579,028.487 TRY mn in Sep 2018 and a record low of 4.880 TRY mn in Dec 1988. Turkey Central Government Debt: Bonds: Government data remains active status in CEIC and is reported by Turkish Treasury. The data is categorized under Global Database’s Turkey – Table TR.F020: Central Government Debt: by Lender.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Turkey External Bond Stock: Outstanding data was reported at 116.774 USD bn in Jun 2018. This records a decrease from the previous number of 119.225 USD bn for Mar 2018. Turkey External Bond Stock: Outstanding data is updated quarterly, averaging 27.112 USD bn from Dec 1989 (Median) to Jun 2018, with 115 observations. The data reached an all-time high of 119.225 USD bn in Mar 2018 and a record low of 2.560 USD bn in Dec 1989. Turkey External Bond Stock: Outstanding data remains active status in CEIC and is reported by Turkish Treasury. The data is categorized under Global Database’s Turkey – Table TR.Z029: External Bond Stock.
https://fred.stlouisfed.org/legal/#copyright-citation-requiredhttps://fred.stlouisfed.org/legal/#copyright-citation-required
Graph and download economic data for Announced Issues of International Bonds and Notes, Currency of Issue in New Turkish lira (DISCONTINUED) (IBANTRYAI) from Q1 1998 to Q2 2015 about notes, issues, Turkey, bonds, and currency.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
PPG, bonds (NFL, current US$) in Turkey was reported at 6293896000 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Turkey - PPG, bonds (NFL, current US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Turkey Central Government Debt: Bonds: International data was reported at 372,579.036 TRY mn in Oct 2018. This records a decrease from the previous number of 400,595.397 TRY mn for Sep 2018. Turkey Central Government Debt: Bonds: International data is updated monthly, averaging 65,445.981 TRY mn from Jan 2002 (Median) to Oct 2018, with 202 observations. The data reached an all-time high of 429,184.653 TRY mn in Aug 2018 and a record low of 27,168.379 TRY mn in Jan 2002. Turkey Central Government Debt: Bonds: International data remains active status in CEIC and is reported by Turkish Treasury. The data is categorized under Global Database’s Turkey – Table TR.F020: Central Government Debt: by Lender.
As of December 30, 2024, ** economies reported a negative value for their ten year minus two year government bond yield spread: Ukraine with a negative spread of ***** percent; Turkey, with a negative spread of 1332 percent; Nigeria with **** percent; and Russia with **** percent. At this time, almost all long-term debt for major economies was generating positive yields, with only the most stable European countries seeing smaller values. Why is an inverted yield curve important? Often called an inverted yield curve or negative yield curve, a situation where short term debt has a higher yield than long term debt is considered a main indicator of an impending recession. Essentially, this situation reflects an underlying belief among a majority of investors that short term interest rates are about to fall, with the lowering of interest rates being the orthodox fiscal response to a recession. Therefore, investors purchase safe government debt at today's higher interest rate, driving down the yield on long term debt. In the United States, an inverted yield curve for an extended period preceded (almost) all recent recessions. The exception to this is the economic downturn caused by the coronavirus (COVID-19) pandemic – however, the U.S. ten minus two year spread still came very close to negative territory in mid-2019. Bond yields and the coronavirus pandemic The onset of the coronavirus saw stock markets around the world crash in March 2020. This had an effect on bond markets, with the yield of both long term government debt and short term government debt falling dramatically at this time – reaching negative territory in many countries. With stock values collapsing, many investors placed their money in government debt – which guarantees both a regular interest payment and stable underlying value - in contrast to falling share prices. This led to many investors paying an amount for bonds on the market that was higher than the overall return for the duration of the bond (which is what is signified by a negative yield). However, the calculus is that the small loss taken on stable bonds is less that the losses likely to occur on the market. Moreover, if conditions continue to deteriorate, the bonds may be sold on at an even higher price, partly offsetting the losses from the negative yield.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Turkey External Debt: PS: LE: LT: Bonds data was reported at 74.756 USD bn in Jun 2018. This records a decrease from the previous number of 75.121 USD bn for Mar 2018. Turkey External Debt: PS: LE: LT: Bonds data is updated quarterly, averaging 22.149 USD bn from Mar 1986 (Median) to Jun 2018, with 130 observations. The data reached an all-time high of 75.121 USD bn in Mar 2018 and a record low of 89.236 USD mn in Mar 1986. Turkey External Debt: PS: LE: LT: Bonds data remains active status in CEIC and is reported by Turkish Treasury. The data is categorized under Global Database’s Turkey – Table TR.JB016: External Debt Outstanding: Public Sector.
https://fred.stlouisfed.org/legal/#copyright-citation-requiredhttps://fred.stlouisfed.org/legal/#copyright-citation-required
Graph and download economic data for Amount Outstanding of International Bonds and Notes for All Issuers, Nationality of Issuer in Turkey (DISCONTINUED) (IBANAINIAOTR) from Q2 1976 to Q2 2015 about notes, Turkey, and bonds.
https://fred.stlouisfed.org/legal/#copyright-citation-requiredhttps://fred.stlouisfed.org/legal/#copyright-citation-required
Graph and download economic data for Announced Issues of International Bonds and Notes for All Issuers, Residence of Issuer in Turkey (DISCONTINUED) (IBANRIAITR) from Q2 1976 to Q2 2015 about notes, issues, Turkey, bonds, and residents.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
The yield on Turkey 10Y Bond Yield rose to 29.33% on August 13, 2025, marking a 0.03 percentage point increase from the previous session. Over the past month, the yield has fallen by 0.54 points, though it remains 2.41 points higher than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. Turkey 10-Year Government Bond Yield - values, historical data, forecasts and news - updated on August of 2025.