Dollar bonds of Turkey fell by 1.5-2 points across the curve after its third-place election candidate Sinan Ogan endorsed his support for Erdogan in the runoff vote coming Sunday. Sinan Ogan’s won 5.2% of voters’ support in the initial presidential election on May 14. He said that Erdogan’s rival Kilicdaroglu’s Nation Alliance party “failed to convince us about the future”. During the initial May 14 elections, the incumbent Erdogan got 49.5% support vs. Kilicdaroglu who got 44.9%.

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