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FinancialNews


  • 07-04-20

    Turkish Treasury borrows nearly USD1.8 billion from domestic markets

    (MENAFN) The Turkish Treasury borrowed almost USD1.8 billion from local markets on Monday.


    According to the Treasury and Finance Ministry about USD1.1 billion in 14-month zero coupon Treasury bills were sold in the first auction; the Treasury bills will be settled on Wednesday and mature on June 9, 2021.


    The whole tender totaled USD1.7 billion, with a 66.7 percent accepted/tendered rate.


    The term rate of the 427-day Treasury bills was accepted at 14.21 percent, while the yearly simple and compound interest rates were 12.11 percent and 11.99 percent, respectively, as said by the Treasury.

    MENAFN0704202000450000ID1099982374

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