Financial markets expect the international rating company Moody's to review its outlook on Turkey's government bonding on Friday. Moody's will not release a statement unless it changes its outlook on Turkey's rating, said the company's public office representative in the country, Jessica Sibado.
Moody's will keep its rating of Baa3 for the country at its current level, according to many experts. Jessica Sibado said, "The rating calendar show only potential dates. I cannot, unfortunately, make any other comment other than this."
Economists expect the company to release its first outlook on the country in 2015 on Friday outside the market operations hours, but they have also noted that they are not expecting any changes in Moody's credit rating and outlook on Turkey.
Moody's increased Turkey's credit rating to "investable" in May 2013, and in April 2014 the credit rating agency changed the country's outlook to negative, while not changing its long-term credit note.
In general, a credit rating is used by investors to analyze the credit worthiness of Turkey.