Treasury Sells 11-month Bonds And 18-month Debenture Bonds

ANKARA - Turkish Treasury held an auction on Tuesday to sell 11-month bonds and 18-month debenture bonds.
In the first auction, the Treasury sold 509.6 million YTL nominal-valued 11-month bonds while the net sale was 434.8 million YTL in the auction.
The composite interest rate became 18.75 percent, and the simple interest rate became 18.63 percent.
In the auction for 18-month bonds, the Treasury sold 1.2 billion YTL nominal-valued bonds while the net sale was 947.9 million YTL.
The composite interest rate became 18.53 percent, and the simple interest rate became 19.40 percent.
Value date of the both bonds is December 17 while the maturity is November 1, 2009 for 11-month bonds and June 23, 2010 for 18-month bonds.
(UK-AÖ)
(ECO)