Treasury To Hold Auction Next Week

ANKARA - Turkish Treasury will hold an auction next week to sell 3-year bonds denominated in USD with fixed coupon payments.
The auction will take place on May 27th. The bonds will be issued on May 28th and repaid on May 25th, 2011.
Meanwhile, the Treasury will make the May`s biggest repayment of domestic debt next week and will repay 6.2 billion YTL in domestic debt on May 28th. (One dollar equals 1.25 YTL).
The Treasury`s total repayment of domestic debt will amount to 8.5 billion YTL.
(UK-ULG)