Turkey's treasury auctions two bonds worth $1.32B

5-year semi-annual bonds and 6-year fixed bonds semi-annual rate

ANKARA (AA) - Turkey's treasury has borrowed 3.95 billion Turkish liras ($1.32 billion) through the auction of two bonds, according to the Undersecretariat of Treasury Tuesday.

The first auction saw five-year semi-annual bonds with a 4.60-coupon rate sold at 9.08 simple interest and at 9.28 percent compound interest rate.

The second auction was for six-year fixed semi-annual bonds, which was sold at 5.54 percent periodic compound interest rate.


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