(ECO) TURKISH TREASURY SELLS NET 1.9 BLN TL OF 21-MONTH BONDS.
In a 21-month (644-day) TRY-denominated zero coupon bond auction, Treasury sold nominal 2.1 billion TL (1.5 billion USD) bonds.
The nominal bid had been 3.021 billion TL (2.157 billion USD). The simple interest was 7.82 percent and the composite interest was 7.6 percent.
The settlement date is November 3, 2010 and the maturity is August 8, 2012.
In another auction, Treasury sold net 1.1 billion TL (785 million USD) of 10-year (3,360-day) TRY denominated fixed coupon bonds.
The nominal bid had been 1.9 billion TL (1.3 billion USD) and the nominal sale was 1.043 billion TL (745 million USD). The simple interest was 8.32 percent and the composite interest was 8.49 percent.
The settlement date is November 3, 2010 and the maturity is January 15, 2020.
(THROUGH ASIA PULSE)
|Printer friendly Cite/link Email Feedback|
|Publication:||Anadolu (Eskisehir, Turkey)|
|Date:||Nov 2, 2010|
|Previous Article:||(GEN) TURKISH PRESIDENT SAYS TURKEY WILL NEVER MAKE CONCESSIONS FROM FIGHT AGAINST TERRORISM.|
|Next Article:||(DIP) TURKISH FOREIGN MINISTER SAYS TURKEY, CHINA SHOULD RE-DISCOVER THEIR POTENTIAL.|