Turkey's Treasury auctions two bonds

Tuesday, May 27, 2014

Turkey's Treasury auctioned 3.5 billion Turkish Liras Tuesday in two bond auctions as it continues with plans to pay back 46.6 billion Turkish Lira of domestic debt

Turkey's Treasury auctioned 3.5 billion Turkish Liras Tuesday in two bond auctions as it continues with plans to pay back 46.6 billion Turkish Lira of domestic debt

ANKARA - Turkey's Treasury auctioned 3.5 billion Turkish Liras ($1.7 billion) Tuesday in two bond auctions as it continues with plans to pay back 46.6 billion Turkish Lira ($23.3 billion) of domestic debt for the period of May to July 2014.

The Treasury put domestic borrowing for the same period at 39.1 billion Turkish Lira ($18.5 billion) in a statement on April 30.

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