Turkey taps 2-year benchmark bond at yield of 13.44 percent

By Kitco News / January 09, 2018 / www.kitco.com / Article Link

ISTANBUL, Jan 9 (Reuters) - The Turkish Treasury sold a net 657.8 million lira ($175 million) in a tap of its two-year benchmark bond at an average compound yield of 13.44 percent on Tuesday, central bank data showed.

Earlier in non-competitive bids, it sold a net 1.22 billion lira to primary dealers and public institutions, data showed.


($1 = 3.7634 liras)


(Writing by Ezgi Erkoyun; Editing by David Dolan)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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