Treasury Auctions 217-day Bonds And 364-day Debenture Bonds

ANKARA - Treasury held two auctions on Tuesday to sell 217-day bonds and 364-day debenture bonds.
In the first auction, Treasury sold 477.7 trillion Turkish liras (TL) nominal-valued 217-day bonds although total bid had been 589.7 trillion TL. Net sale was 363 trillion TL while 23 trillion TL of these bonds were sold to public.
In this auction, the composite interest rate became 58.50 percent and simple interest rate became 53 percent.
The value date of these bonds is March 5, 2003 and maturity is October 8, 2003.
In the second auction, Treasury sold 2 quadrillion 682.1 trillion TL nominal-valued 364-day debenture bonds although total bid had been 3 quadrillion 702.9 trillion TL. Net sale was 1 quadrillion 650.5 trillion TL while 289.3 trillion TL of these debenture bonds were sold to public.
In this auction, the composite interest rate became 62.50 percent and simple interest rate became 62.50 percent.
The value date of these debenture bonds is March 5, 2003 and maturity is March 3, 2004.
Meanwhile, Treasury will repay 3 quadrillion 927.6 trillion TL in domestic debt this week.
(MS-AÖ) 04.03.2003