Turkey Sells 4.11 billion Liras of 2012 Bonds at Yield of 8.13 Percent

Turkey’s Treasury sold a nominal 4.11 billion liras ($2.72 billion) of 595-day zero coupon bonds at an average yield of 8.13 percent.

The sales included a nominal 1.99 billion liras sold to so- called primary dealers made up of banks and state-run institutions, the Treasury in Ankara said in a statement today. Bids in today’s sale totaled 15.6 billion liras, it said.

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