ANKARA - Turkish Treasury held an auction on Tuesday to sell five-year bonds with floating interest payments once every six months.
In the auction, annual composite interest rate was 13.66 percent while annual simple interest rate was 13.22 percent.
Treasury sold 322.1 million YTL nominal-valued bonds while the net sale was 338.4 million YTL.
Maturity of the bonds is January 19th, 2011.