Treasury To Auction 91-day Reference Bonds

ANKARA - Treasury will conduct an auction on Tuesday to sell 91-day discounted reference bonds denominated in Turkish lira (TL).
Treasury will sell those bonds as a reference to set coupon interest rates of notes with floating interest payment.
Value date of those 91-day bonds is February 11, 2004 and maturity is May 12, 2004 while the net issue will be 1 quadrillion 561 trillion TL.
Meanwhile, Treasury will repay 2 quadrillion 528 trillion TL domestic debt and make a 128 trillion TL payment on February 11 under repayment of sales to state institutions.
(MS-AÖ) 09.02.2004