Turkish central bank to hold 3bn lira one-month repo auction

21 Dec, 2012

 

The bank also said it will hold a one-week repo auction with a volume of 2.5 billion lira, maturing on Dec. 28.

 

The one-month repo auction will be held by the standard auction method, according to which banks tell the central bank the amount they want and the interest rate they are ready to pay.

Copyright Reuters, 2012

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