Government Domestic Debt Instruments Yields The Highest Profit In July: Turkstat

- Government domestic debt instruments (GDDI) yielded investors the highest monthly profit, leaving behind other investment tools such as dollar, stock market and bank deposit in July.

According to the data released by Turkstat, the highest monthly real profit was realised in GDDI with 1.10 percent reduced by domestic producer price index (D-PPI), and with 0.69 percent reduced by consumer price index (CPI).

When reduced by D-PPI, the deposit interest, among the investment instruments, yielded a real profit of 0.72 percent and dollar yielded a real profit of 0.31 percent, according to data.

On the other hand, investments of gold (ingot), Euro and Borsa Istanbul 100 index faced a loss by 4.01 percent, 1.46 percent and 0.31 percent, respectively.

While real profit of deposit interest was at 0.31 percent when reduced by CPI, investors of gold (ingot), euro, Borsa Istanbul 100 index and dollar lost by 4.41 percent, 1.87 percent, 0.72 percent and 0.10 percent, respectively.

Euro’s real profit marked the data, as leader of the last three months among the investment tools. In this particular term, euro yielded the highest real profit with 2.95 percent reduced by D-PPI and 3.89 percent reduced by CPI. On the contrary, investors of gold (ingot) lost by a rate of 4.98 percent reduced by D-PPI and a rate of 4.10 percent when reduced by CPI.

According to the bi-annual benchmark, dollar made the highest real profit among the investment tools, with 10.51 percent reduced by D-PPI, and 11.69 percent reduced by CPI. Investors of Borsa Istanbul 100 index faced the highest loss, in the same period, with 12.82 percent reduced by D-PPI and 11.90 percent reduced by CPI.

Turkstat data also stresses that dollar’s annual real profit rates were at 20.64 percent reduced by D-PPI and 19.30 percent reduced by CPI. On the other hand, within the same period, Borsa Istanbul 100 index made the highest loss with the rates of 4.85 percent and 5.91 percent according to D-PPI and CPI, respectively.

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