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(ECO) TURKISH TREASURY SELLS NET 1.9 BLN TL OF 21-MONTH BONDS.

ANKARA, Nov 2, 2010 (TUR) -- Turkish Treasury sold on Tuesday net 1.9 billion Turkish liras-TL (1.3 billion USD) of 21-month TRY-denominated zero coupon 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.

(BRC-MS)

(THROUGH ASIA PULSE)
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Publication:Anadolu (Eskisehir, Turkey)
Date:Nov 2, 2010
Words:169
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