TwentyFour Income Fund Ltd

* Moody's says discrepancy between turkey's central bank's inflation forecasts, "unwillingness" for policy to achieve those targets undermines its credibility

17 Aug 2018 17:05:19 By FxWire Pro - Ratings

* Moody's says to manage "soft landing" of Turkish economy is a challenge in light of weakened institutions and increasing tensions with U.S.

17 Aug 2018 17:04:48 By FxWire Pro - Ratings

* Moody's says probability that Turkish authorities will manage to engineer a "soft landing" of economy is declining

17 Aug 2018 16:57:39 By FxWire Pro - Ratings

* Moody's says probability that Turkish authorities will manage to engineer a "soft landing" of economy is declining

17 Aug 2018 16:57:33 By FxWire Pro - Ratings

* Moody's says also notes that Turkey has successfully managed previous serious economic and financial shocks

17 Aug 2018 16:57:26 By FxWire Pro - Ratings

* Moody's says turkey's external funding needs remain significant, and the risk of a balance of payments crisis continues to rise

17 Aug 2018 16:57:14 By FxWire Pro - Ratings

* Moody's says view of further decline in predictability, effectiveness of turkey's economic policy making exemplified by concerns over central bank's independence

17 Aug 2018 16:57:08 By FxWire Pro - Ratings

* Moody's says also lowered turkey's local currency bond and deposit ceilings to ba1 from baa2

17 Aug 2018 16:57:02 By FxWire Pro - Ratings

* Moody's on Turkey says tighter financial conditions, weaker exchange rate, likely to fuel inflation further, undermine growth

17 Aug 2018 16:56:56 By FxWire Pro - Ratings

* Moody's says lowered turkey's long-term country ceilings, foreign currency bond ceiling to ba2 from baa3; foreign currency deposit ceiling to b1 from ba3

17 Aug 2018 16:56:50 By FxWire Pro - Ratings

* Moody's says key driver for turkey's downgrade is continuing weakening of public institutions, related reduction in predictability of policy making

17 Aug 2018 16:56:43 By FxWire Pro - Ratings

* Moody's says downgraded the government of turkey's long-term issuer ratings to ba3 from ba2 and changed its rating outlook to negative

17 Aug 2018 16:56:37 By FxWire Pro - Ratings

* Moody's downgrades turkey's ratings to ba3 and assigns negative outlook

17 Aug 2018 16:56:31 By FxWire Pro - Ratings

* Moody's downgrades turkey's ratings to ba3 and assigns negative outlook

17 Aug 2018 16:56:19 By FxWire Pro - Ratings

* S&P says expect turkey's fiscal position to weaken but remain supportive of the sovereign ratings

17 Aug 2018 16:56:13 By FxWire Pro - Ratings

* S&P on Turkey says believe that generally heightened political uncertainty will also likely put a brake on private investment

17 Aug 2018 16:56:06 By FxWire Pro - Ratings