Turkey to borrow 5 bln lira from market in Jan

Turkey's Treasury said on Wednesday it plans to borrow 5.0 billion lira ($3.3 billion) from the domestic market in January against redemptions of 6.3 billion lira.

Turkey to borrow 5 bln lira from market in Jan
Turkey's Treasury said on Wednesday it plans to borrow 5.0 billion lira ($3.3 billion) from the domestic market in January against redemptions of 6.3 billion lira.

It forecast a primary surplus of 2.4 billion lira in January.

The Treasury announced the following auctions for January:


Jan 12 - 6-mth lira discount bill, maturing July 15, 2009

Jan 13 - 22-mth lira discount bond, maturing Nov 3, 2010

Jan 13 - 5-year lira FRN, maturing Nov 20, 2013


Reuters
Last Mod: 01 Ocak 2009, 09:01
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