Treasury To Auction 357-day Bonds On Tuesday

ANKARA - Treasury will auction 357-day bonds on Tuesday.
The bonds will be issued on February 5, 2003 and repaid on January 28, 2004.
The Treasury sold 392-day discounted state notes denominated in U.S. dollar on January 28.
In the 392-day bond auction, the total bid had been 938.1 million U.S. dollars while the Treasury sold 799 million U.S. dollars of nominal-valued bonds. The net sale became 746 million U.S. dollars in this auction.
The composite interest became 6.59 percent while the simple interest was 6.60 percent.