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Turkish 5-year fixed-coupon bond yields 9.12pc in tap, below f'cast

Published July 15, 2013 Updated July 15, 2013 11:42am

1 min

By Muhammad Iqbal

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ISTANBUL: The Turkish Treasury sold a five-year fixed-coupon bond in a tap at a yield of 9.12 percent, data showed on Monday, below a Reuters forecast of 9.22 percent.

Net sales of the fixed-coupon bond stood at 1.436 billion lira ($735.47 million).

It also sold a 10-year CPI-indexed bond at a yield of 3.22 percent in a tap, below a forecast of 3.30 percent. Net sales of the 10-year bond stood at 1.442 billion lira.

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