The Turkish central bank Monday boosted market liquidity by selling 2 billion Turkish lira ($1.32 billion) in a repurchase agreement auction.
08 Şubat 2010 12:00
The Turkish central bank Monday boosted market liquidity by selling 2 billion Turkish lira ($1.32 billion) in a repurchase agreement auction.
Bids totaled TRY6.720 billion. The average simple interest rate was 6.76% and the average compound rate was 6.98%.
The repo will mature Feb. 15.
At the last repo, held Feb. 5, the central bank sold TRY5 billion at an average simple interest rate of 6.76%.
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