ANKARA - Treasury Undersecretariat held two auctions on Tuesday to sell 140-day bonds and 413-day discounted debenture bonds.
The 140-day bonds will be issued on July 2, 2003 and repaid on November 19, 2003 while the value date of the 413-day discounted debenture bonds is July 2, 2003 and their maturity is August 18, 2004.
In the 413-day discounted debenture bonds auction, the Treasury Undersecretariat sold 6 quadrillion 667.3 trillion Turkish liras (TL) of nominal-valued bonds.
In this auction, the net sale was 4 quadrillion 178.3 trillion TL although the total bid had been 7 quadrillion 587.3 trillion TL.
The composite interest rate was 50.96 percent while the simple interest rate became 52.5 percent.
In the second auction, the Treasury Undersecretariat sold 2 quadrillion 194.6 trillion Turkish liras (TL) of nominal-valued bonds.
In this auction, the net sale was 1 quadrillion 904.9 trillion TL while the total bid had been 2 quadrillion 241.6 trillion TL.
The composite interest rate was 44.50 percent while the simple interest rate became 39.54 percent.
On June 17, 2003, the Treasury Undersecretariat conducted two auctions on Tuesday.
In the first auction, the Treasury Undersecretariat sold 298.3 trillion Turkish liras (TL) of nominal-valued state notes with floating interest payment once in every three months.
In this auction, the period interest rate became 11.45 percent while the net sale was 306 trillion TL although the total bid had been 396.8 trillion TL.
Meanwhile, 372.3 trillion TL of net sale was made to public organizations.
The value date of these state notes is June 18, 2003 and maturity is May 11, 2005 while the first coupon payment will be made on August 13, 2003.
In the second auction, the Treasury Undersecretariat sold 1 quadrillion 161.3 trillion TL of nominal-valued 140-day bonds.
The net sale was 1 quadrillion 8 trillion TL although the total bid had been 1 quadrillion 426.9 trillion TL.
The composite interest rate of these bonds became 44.5 percent and simple interest rate became 39.54 percent.
Meanwhile, net 30 trillion TL of bonds were bold to public.
The value date of these bonds is June 18, 2003 and settlement is November 5, 2003.
(UK-AÖ) 01.07.2003