Turkısh Central Bank Buys Try87.5m Of Jan 2012 Bond

The Turkish Central Bank Friday bought 87.5 million Turkish lira ($55.3 million) of Jan. 25, 2012 bonds at an average compound interest rate of 8.85% at its domestic bond-buying auction.


Nominal sales were TRY100 million.

The auctions, held every WednesdayFriday, have a maximum volume of TRY100 million each.

The bank plans to hold 30 auctionsbuy up to TRY3 billion in the second half of 2010.
(SB-SB-ENG)