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  • 16-03-21

    Turkish Treasury rents USD508.3M from domestic markets

    (MENAFN)The Turkish Treasury rented 3.9 billion Turkish liras (USD508.3 million) from domestic markets via two auctions took place on Monday.

    According to the Treasury and Finance Ministry, over 1.3 billion Turkish liras (USD168 million) in seven-year Floating Rate Note bonds increased for auction that are going to be set with a maturity date of November 17, 2027.

    The total amount of tender for the government bonds stood at 2.1 billion Turkish liras (USD280 million) with a 61 percent accepted/tendered volume.

    The term volume of 2,436-day bonds reached at 7.09 percent, while the yearly simple and compound interest volumes came into 14.18 percent and 14.69 percent.

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