S&P Global

Money Moves

Rates Turkey BB- with a stable outlook

Turkey's central bank cut its policy rate by 100 basis points to 36% on Oct. 22, the first reduction in nine months. The move ended five straight holds at 37% and followed September inflation of 29.7%, the first reading below 30% since late 2021.

Updated Oct 23

Money Moves

As of September 2026: Acquirer

S&P Global agreed this week to buy OpenZeppelin, whose code libraries secure most of the world's largest stablecoins and tokenized funds. It's the first time the ratings agency has directly owned blockchain-native infrastructure.

Updated Sep 20

Money Moves

As of September 2026: Led strategic investment in Kaiko

S&P Global led a $110 million investment in Kaiko, a crypto data provider, on September 14. The round includes BNP Paribas, Nasdaq, Royal Bank of Canada, Coinbase Ventures, and DRW Venture Capital.

Updated Sep 15