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(ECO) TURKISH TREASURY SELLS $1 BLN NOTES UNDER EXTERNAL DEBT PROGRAM.

ANKARA, Jul 30, 2010 (TUR) -- As part of its 2010 external borrowing program, the Turkish Treasury has issued $1 billion notes with maturity date March 30, 2021, the Treasury said on Friday.

The Treasury earlier said that it mandated Barclays Capital and Goldman Sachs for the reopening of its USD-denominated notes with a 5.625 percent coupon rate and 5.25 percent interest yield.

The Treasury said Friday's issuing was the lowest-cost ever in the U.S. dollar-market and demand for the notes was five times bigger than the issued size.

The Treasury said with the latest issuing foreign borrowing in 2010 so far had reached to $6 billion.

(THROUGH ASIA PULSE)
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Publication:Anadolu (Eskisehir, Turkey)
Date:Jul 30, 2010
Words:112
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