November 6 (SeeNews) - Turkey sold 1.25 billion euro ($1.69 billion) in eurobonds due 2021, the country's Treasury said on Wednesday.
The bonds bear a coupon of 4.35% and a yield to investor of 4.45%, the Treasury said in a statement.
They attracted an orderbook from more than 25 countries which exceeded three times the amount on offer, the Treasury said, adding that 46% of the bonds had been sold to German investors, 30% in Turkey, 15% in other European countries, 6.0% in the U.S. and 3.0% in other countries.
With the issue, the Treasury completes its 2013 external borrowing programme worth $6.5 billion. Some $640 million of the proceeds from the issue are for pre-financing of the 2014 external borrowing programme, it said.
($ = 0.740 euro)