TURKEY SELLS TRY518.8M OF 11-MONTH DISCOUNT BONDS

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TURKEY SELLS TRY518.8M OF 11-MONTH DISCOUNT BONDS
29.06.2010 13:15

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İSTANBUL (İHA) - The Turkish treasury said Tuesday it sold 518.8 million lira ($327.7 million) of 11-month discount bonds at an auction.

Bids totaled TRY1.516 billion in the auction, with an average compound interest rate of 8.39%.

In the non-competitive fixed-price sales before the auctions, or ROT sales, the treasury sold TRY453.3 million of the 11-month discount bonds, to primary dealer banks, and TRY189.3 million to public institutions.

In sum, including the ROT sales, the treasury's borrowing totaled TRY1.16 billion Tuesday.
(SB-SB-ENG)

29.06.2010 13:15:30 TSI
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