Update: Turkısh Tsy Sells Try1.729b Of Dıscount State Notes
The Turkish treasury said Tuesday it has sold 1
The Turkish treasury said Tuesday it has sold 1.729 billion Turkish lira ($1.15 billion) of 21-month discount state notesTRY1.389 billion of five-year CPI-indexed state notes at two separate auctions.
Bids totaled TRY3.617 billion in the 21-month discount state notes auction, with an average compound interest rate of 9.51%.
Bids totaled TRY2.892 billion in the five-year CPI-indexed state notes auction, with an average real compound interest rate of 3.86%.
In the non-competitive fixed-price sales before the auctions, or ROT sales, the treasury sold TRY1.374 billion of 21-month discount state notes to primary dealer banks, but didn't sell any to public institutions.
In the non-competitive fixed-price sales before the auctions, or ROT sales, the treasury sold TRY1.891 billion of five-year CPI-indexed bond to primary dealer banks,TRY300 million to public institutions.
Including the ROT sales, the treasury's borrowing totaled TRY6.684 billion Tuesday.
The treasury previously said it will borrow TRY7.7 billion on the domestic market in May.
(YC-YC-E-ENG)
Bids totaled TRY3.617 billion in the 21-month discount state notes auction, with an average compound interest rate of 9.51%.
Bids totaled TRY2.892 billion in the five-year CPI-indexed state notes auction, with an average real compound interest rate of 3.86%.
In the non-competitive fixed-price sales before the auctions, or ROT sales, the treasury sold TRY1.374 billion of 21-month discount state notes to primary dealer banks, but didn't sell any to public institutions.
In the non-competitive fixed-price sales before the auctions, or ROT sales, the treasury sold TRY1.891 billion of five-year CPI-indexed bond to primary dealer banks,TRY300 million to public institutions.
Including the ROT sales, the treasury's borrowing totaled TRY6.684 billion Tuesday.
The treasury previously said it will borrow TRY7.7 billion on the domestic market in May.
(YC-YC-E-ENG)