Turkısh Central Bank Buys Try87.1 Mln Of Jan 2012 Bond
The Turkish Central Bank Wednesday bought 87.1 million Turkish lira ($55.05 million) of the Jan. 25, 2012, bonds at an average compound interest rate of 8.77% 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 at most TRY5 billion in the first half of 2010 , focusing on one-yearfive-year bonds .
( YC-YC-E-ENG )
