IHA006889D-EKO/20-TEM-004A-1924
- Turkey Central Bank Sells TRY2Billion In Repo Auction
ISTANBUL (IHA) - The Turkish central bank Tuesday boosted market liquidity by selling 2 billion Turkish lira ($1.3 billion) in a repurchase agreement auction.
Bids totaled TRY3.380 billion. The average simple interest rate was 7.00% and the average compound rate was 7.25%. The repo matures July 27.
At the last repo, held Monday, the central bank sold TRY1 billion at an average simple interest rate of 7.00%.
(YC-YC-E-ENG)
20.07.2010 11:30:31 TSI
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