ANKARA - Treasury conducted an auction on Tuesday to sell 371-day debenture bonds denominated in new Turkish lira (YTL).
In the auction, the composite interest rate was 18.59 percent and the simple interest rate was 18.62 percent.
Treasury sold bonds with a nominal value of 48,5 million YTL while the net sale was 881,3 million YTL (one dollar equals 1.58 YTL).
Maturity of the bonds is June 13th, 2007.