Interest Rate Of Usd 8.5 Billion Loan To Be More Appropriate Than Market Conditions

DUBAI - Interest rate of 8.5 billion U.S. dollars of U.S. loan will be ''more appropriate than market conditions,'' sources said on Tuesday.
U.S. officials told the A.A correspondent that technical talks on interest rate of the loan which was signed between Turkey and the United States on Monday continued.
The loan will not be repaid for 4 years and its maturity will be 10 years. The loan will be used in four equal tranches in 18 months.
(EÖ-AÖ) 23.09.2003