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Turkey's Treasury Borrows $2.3Bn İn Bonds

22.09.2014 15:47

Turkey's Treasury auctioned 5.1 billion Turkish liras ($2.3 billion) Monday in two bond sales.

Turkey's Treasury auctioned 5.1 billion Turkish liras ($2.3 billion) on Monday in two bond sales.



The first auction saw five-year semi-annual bonds with a 4.25-coupon rate sold at 9.13 simple interest and at 9.33 percent compound interest rate.



The second auction was for seven-year fixed bonds, semi-annual rate, which was sold at 5.41 percent periodic compound interest rate.



The Treasury also said it would hold two more bond auctions on Tuesday.



www.aa.com.tr/en - Ankara



 
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