Turkey To Borrow Try13b On Domestıc Market In June
The Turkish Treasury said Wednesday that it will borrow 13 billion Turkish lira ($8.50 billion) on the domestic market by holding four bond auctions in June.
The treasury said in a statement that it will sell seven-year, floating-rate notes June 8.
It will sell five-year, fixed-coupon state notes June 21, the treasury said.
The treasury will also reopen five-year, CPI-linked state notesreopen 19-month discount state notes June 22.
The treasury also said it has revised its borrowing programme for AprilMay.
It will borrow TRY14.2 billion from the domestic market in April, from six bond auctions,TRY7.7 billion in May from three bond auctions.
Looking in detail at the April schedule, the treasury said it will reopen ten-year, fixed-coupon state notes April 6.
It will sell 14-month discount state notesthree-year, fixed-coupon state notes April 12.
It will sell 21-month discount state notesten-year, CPI-linked state notes April 13.
The treasury will also reopen seven-year, floating-rate notes April 20.
In May, the treasury will reopen 21-month, discount state notesthree-year, fixed coupon state notes May 4. It will also sell five-year, CPI-linked state notes May 11.
(SB-SB-ENG)
