Treasury Sells 3,451.5 Trillion Liras Of Bonds And State Notes

ANKARA (AA) - Treasury sold 3,451.5 trillion Turkish liras (TL) of nominal-valued 217-day bonds and 546-day state notes in two separate auctions it conducted on Tuesday.
     The total nominal-valued bids in two auctions had been 6,471.7 trillion TL and the total net sale was 2,733.9 trillion TL.
     The simple interest rate is 23.01 percent for the bonds and 23.24 percent for the state notes.
     Together with the sales to market-builder banks and public organizations, Treasury borrowed net 4,963.3 trillion TL.
     (UK-MS)
2004-11-23