Markets

Turkish 5-year bond yield in line with forecast in tap

Published September 15, 2015 Updated September 15, 2015 01:02pm

1 min

By Shoaib Ur Rehman

Add BRecorder as a trusted
source on Google

ISTANBUL: The Turkish treasury sold a net 737.8 million lira ($242.21 million) in a tap of a five-year fixed coupon bond at a compound average yield of 11.33 percent on Tuesday, data showed, largely in line with a poll forecast of 11.32 percent.

It sold a net 559.1 million lira in a tap of a seven-year floating rate note at a price of 95,238 lira, the data showed, compared with a forecast of 95,780 lira.

Read Comments