Turkey Sells Try1.735b Of Dıscount Reference Bonds
The Turkish treasury said Monday it has sold 1.735 billion Turkish lira ($1.116 billion) of 6-month discount reference bonds at an auction.
Bids totaled TRY3 . 136 billion in the auction , with nominal sales totaling TRY1 . 8 billion . The average compound interest was 7 . 94%the average price was TRY96 . 250 .
As previously announced by the treasury , it will sell 21-month , discount , state notes July 13 .
It will reopen three-year , fixed-coupon , state notes July 26sell 12-month , discount , reference bondsseven-year , floating-rate notes July 27 .
( SB-SB-ENG )