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Bank Asya bonds languish even as control bets lift shares

Speculation that the Turkish government may be closer to relinquishing control of Bank Asya has stoked its stock to a record gain. Bondholders proved harder to please. Shares of the Istanbul-based lender soared more than 50% after it said most Class-A holders provided documentation to the regulator proving they’re qualified…

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Click here to read the full story: Gulf Times

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