Treasury Sells 392-day Debenture Bonds

ANKARA - The Treasury Undersecretariat conducted on Tuesday an auction to sell 392-day debenture bonds.
Although the total bid had been 3 quadrillion 813.7 trillion Turkish liras (TL), the Treasury sold 2 quadrillion 534.8 trillion TL of nominal-valued 392-day debenture bonds. The net sale in the auction was 1 quadrillion 657 trillion TL.
The composite interest rate became 48.40 percent and simple interest rate became 49.19 percent. Meanwhile, 150 trillion TL of debenture bonds were sold to public.
These debenture bonds will be issued on June 11, 2003 and their maturity is July 7, 2004.
Meanwhile, Treasury will repay 839 trillion TL in domestic debt on Wednesday.
Total domestic debt service by Treasury in June will be 10 quadrillion 973 trillion TL.

(MS-AÖ) 10.06.2003