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Turkey sells 864 mln lira (322 mln euro) in 1-yr govt bonds

Author Yurkie Ali
Turkey sells 864 mln lira (322 mln euro) in 1-yr govt bonds hikrcn/Shutterstock.com

ISTANBUL (Turkey), January 13 (SeeNews) – Turkey’s Treasury said on Tuesday it has sold 864 million Turkish lira ($379 million/322 million euro) in zero coupon government bonds maturing on December 16, 2015.

The bonds, sold in an auction on Tuesday, carry an annual compound interest rate of 7.77%, the Treasury said in a statement.

(1 euro = 2.6868 Turkish lira)

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