Turkish Treasury borrows 1.86B lira through auction

ANKARA (AA) - Turkey's Treasury raised 1.86 billion Turkish liras ($635.8 million) Tuesday through running a bond auction.

The auction was for 10-year Fixed Bond Coupons (semiannually, re-open) which will be issued on Wednesday, Aug. 17, and will mature on Feb. 11, 2026. They were sold at 9.5 percent simple interest and 9.72 percent compound interest.

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