Turkey bonds, stocks gain, lira firms after Ankara court delays ruling

LONDON, Sept 15 (Reuters) - Turkey's currency firmed slightly on Monday and the country's stocks and bonds rose after a court delayed a decision on whether to oust the main opposition leader and annul his party's 2023 congress

A court in Ankara on Monday adjourned to October 24 a case on whether to annul the 2023 congress of main opposition CHP party over irregularities and oust its leader Ozgur Ozel, in a long-running crackdown that has created a political crisis.

Turkey's main Borsa Istanbul index .XU100 rose 4.37% at 0835 GMT after closing down 0.10% on Friday while the banking sub-index stands around 5% higher.

The lira TRYTOM=D3 firmed slightly to 41.3275 against dollar, compared to Friday's close of 41.37.

International bonds gained as much as 0.6 cents on the dollar, with the 2043 maturity enjoying the biggest gains, being bid at 73.783 cents, according to Tradeweb. US900123CB40=TE

Turkish stocks, bonds and lira had come under pressure ahead of the court decision.

"Some may argue that seeking more time before making such a critical decision at a margin is positive as it indicates that perhaps the court has some doubts," Piotr Matys from InTouch Capital Markets said.

"While Turkish assets benefit from that, political risk hasn't evaporated."