January 26 (SeeNews) - Turkey's finance ministry said it sold 1.4 billion lira ($190 million/156 million euro) worth of fixed-coupon bonds maturing on November 13, 2030 at two switch auctions held on Tuesday.
The finance ministry sold 181 million lira worth of fixed-coupon bonds and some 1.24 billion lira worth of fixed coupon bonds, both with an accepted term rate of 6.47%, to replace a floating rate T-note issue and a zero coupon bond issue, respectively, the ministry said in a statement.
(1 euro = 8.94473 lira)