Treasury Sells 273-day Discounted Bonds

ANKARA (AA) - Turkish Treasury held an auction on Monday to sell 273-day discounted bonds.
     The composite interest was 16.94 percent in the auction.
     The total bid was 1.5 billion YTL, while the Treasury sold 1.2 billion YTL of nominal-valued bonds. The net sale was 1.1 billion YTL.
     The simple interest rate was 16.61 percent.
     The maturity of these bonds is February 8th, 2006.
     (One U.S. dollar is equivalent to 1.3600 YTL)

2005-05-09