Treasury Holds An Auction To Sell Debenture Bonds

ANKARA - Treasury Undersecretariat held an auction on Monday to sell state debenture bonds denominated in Turkish liras (TL) coupon payment once in every three months.
The Treasury sold 823 trillion Turkish liras (TL) of nominal valued bonds.
In this auction, the total bid had been 925.3 trillion TL while the net sale became 874.8 trillion TL.
Maturity of these debenture bonds is October 19, 2005.
Treasury will also hold two auctions on Tuesday to sell 154-day discounted bonds and 420-day discounted state notes.
The bonds and state notes will be issued on December 3. 154-day bonds will be repaid on May 5, 2004 while the maturity of 420-day state notes is January 26, 2005.
(EÖ-AY) 01.12.2003