Turkish treasury unveils domestic borrowing strategy for March-May

Domestic debt redemption projected by Turkey's Treasury for March-May 2010 is 43.3 billion Turkish lira while domestic borrowing is 33.3 billion TL.

Turkish treasury unveils domestic borrowing strategy for March-May

Domestic debt redemption projected by Turkey's Treasury for the period of March-May 2010 is 43.3 billion Turkish lira (TL) while domestic borrowing is 33.3 billion TL.

According to the Treasury's Domestic Borrowing Strategy for March-May 2010, domestic debt redemption is projected as 13.6 billion TL while domestic borrowing is projected as 11.4 billion TL in March.

In April 2010, domestic debt redemption is planned as 17 billion TL and domestic borrowing is projected as 14.2 billion TL.

In May 2010, domestic debt redemption is projected as 12.7 billion TL while domestic borrowing is projected as 7.7 billion TL.

The Treasury also said that, depending on the market conditions, the 10 year fixed coupon bond which was firstly issued in January could be re-issued.

The Treasury will hold an auction on March 2 to sell 623 day zero-coupon TL denominated government bonds with settlement date of March 3, 2010 and maturity date of November 16, 2011.

In another auction on March 2, Treasury will sell TL denominated CPI indexed government bonds with a five year maturity and semi-annual coupons. The settlement date of the bonds is March 3, 2010 and maturity date is February 11, 2015.
 

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Last Mod: 27 Şubat 2010, 15:25
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