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TURKEY-BOND MARKET -Treasury sells 4.45 billion TL bonds in two auctions.

ANKARA, Jun 7, 2011 (TUR) -- Turkey's Treasury sold net 4,459 million Turkish lira bonds in two auctions on Tuesday.

In the first auction for 21-month (623-day) bonds, the nominal bid was 4.788 million TL, the nominal sale was 1.95 billion TL and the net sale was 945.6 million TL.

The composite interest was 8.95 percent, and the simple interest was 9.24 percent in the auction.

In the second auction for 3-year (1,092-day) bonds, the nominal bid was 1,351 million TL, the nominal sale was 626 million TL and the net sale was 607.7 million TL.

The composite interest was 9.44 percent, and the simple interest was 9.12 percent in the auction.

The settlement date for the 21-month bond is February 30, 2013, and for 3-year bond it is June 4 2014.

(THROUGH ASIA PULSE)
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Publication:Anadolu (Eskisehir, Turkey)
Date:Jun 7, 2011
Words:145
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