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  • 09-06-20

    Turkish Treasury takes 471M USD through auction

    (MENAFN)

    According to an official statement, The Turkish Treasury borrowed 3.2 billion Turkish liras (471 million U.S. dollars) from local markets on Monday, June 8th.

    The Treasury and Finance Ministry proclaimed that the fixed coupon bonds (semiannually, reopen) were traded in an auction.

    The government bonds will be declared on Wednesday, June 10th, and mature on May 5, 2022.

    The total tender reached 6.9 billion Turkish liras (1 billion U.S. dollars) with a 46.8 percent accepted/tendered rate.

    The interest rate of the 693-day government bonds was accepted at a 4.51 percent term rate, while the yearly simple and compound interest rates were 9.02 percent and 9.22 percent, respectively.

    MENAFN0906202000450000ID1100293985

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