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Turkey

Turkey to issue lira-denominated lease certificates

Dec 7, 2020, 12:00:00 AMArticle by Dragana Petrushevska
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December 7 (SeeNews) - Turkey's finance ministry said on Monday that it will issue five-year fixed-rate lease certificates denominated in Turkish lira to banks on December 9.

Turkey to issue lira-denominated lease certificates
Ministry of Economy/All rights reserved.

The issue will mature on December 3, 2025 and carries a coupon rate of 6.6%, paid semiannually, the finance ministry said in a statement.

Banks can submit their bids on December 8.

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