Treasury Sells 2,018 Trillion Liras Of Two-year Debenture Bonds

ANKARA - Treasury conducted an auction on Tuesday to sell two-year debenture bonds with coupon payment once in every three months at floating interest rate.
The nominal-valued total bids had been 2 quadrillion 548.7 trillion Turkish liras (TL) while the Treasury sold 1 quadrillion 978.1 trillion TL of nominal-valued debenture bonds and the net sale was 2 quadrillion 18.4 trillion TL.
The value date of these debenture bonds is March 17, 2004 and maturity is March 15, 2006. Period interest rate was set as 6.68 percent.
(MS-AÖ) 16.03.2004