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Turkey sells 1.09 bln lira (368 mln euro) in zero coupon bonds

Dec 16, 2014, 4:23:00 PMArticle by Yurkie Ali
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ISTANBUL (Turkey), December 16 (SeeNews) – Turkey’s Treasury said on Tuesday it sold 1.09 billion Turkish lira ($460 million/368 million euro) in one-year zero coupon government bonds in an auction.

Turkey sells 1.09 bln lira (368 mln euro) in zero coupon bonds

The bonds carry an annual compound interest rate of 8.81%, the Treasury said in a bourse filing.

(1 euro = 2.965 Turkish lira)

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