Turkey : TURKEY's TREASURY auctions 4.8B TURKISH LIRAS.
A 5-year semi-annual CPI Index Bond (re-open) with a 1.75% coupon rate was divested with a maturity for 20 February, 2019. The 5-year semi-annual CPI Index Bond was divested at an 3.36% compound interest and a 3.34% simple interest rate.
The second auction was for a 5-year semi-annual fixed bond coupons (new issuance) having a 5.20% coupon. The five-year semi-annual fixed bond coupons were divested with a maturity for 27 March, 2019. It was divested at an 10.48% compound interest and a 10.22% simple interest rate.
Turkey s Treasury has proposed to repay 51 billion Turkish Lira ($23.3 billion) of local debt, which includes 3 billion Turkish Lira ($1.36 billion) of foreign debt.
2014 Al Bawaba (Albawaba.com) Provided by Syndigate.info , an Albawaba.com company
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|Date:||Apr 2, 2014|
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