Treasury To Hold 392-day Debenture Bond Auction

ANKARA - Treasury will hold an auction on Tuesday to sell 392-day debenture bonds.
A statement of the Treasury Undersecretariat said on Sunday that the debenture bonds would be issued on June 11, 2003 and repaid on July 7, 2004.
Treasury held an auction on June 3 to sell two-year debenture bonds denominated in U.S. dollar with a coupon payment of once in six months and 154-day bonds.
The composite interest was 7 percent in the debenture bond auction while it was 45.95 percent in the 154-day bond auction.
The Treasury's net sale was 971.3 million U.S. dollars in the debenture bond auction and 335.5 trillion Turkish liras (TL) in the bond auction.
(BRC-AY) 08.06.2003