Turkısh Central Bank Buys Try115.9m Of March 2012 Bond
The Turkish Central Bank Friday bought 115.9 million Turkish lira ($73.4 million) of the March 7, 2012, bonds at an average compound interest rate of 8.78% at its domestic bond-buying auction.
Nominal sales were TRY100 million . The central bank has said it plans to buy TRY8 billion of domestic government debt by June 23 .
The auctions , held every WednesdayFriday , have a maximum volume of TRY100 million each .
The bank plans to hold 50 auctionsbuy up to TRY5 billion in the first half of 2010 , focusing on one-five-year bonds .
( YC-YC-E-ENG )
