Turkısh Central Bank Buys Try88.7m Of Jan 2012 Bond

The Turkish Central Bank Wednesday bought 88.7 million Turkish lira ($58.03 million) of Jan. 25, 2012, bonds at an average compound interest rate of 8.26% 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 auctionsto buy up to TRY3 billion in the second half of 2010.
(YC-YC-E-ENG)