Bloomberg News

Turkey Bank Offers 5 Billion Liras in 1-Week, 1-Month Repo

December 30, 2011

Dec. 30 (Bloomberg) -- Turkey’s central bank offered to lend two billion liras in a one-week repo auction without announcing a rate and three billion liras in a one-month repo auction today.

The bank in Ankara won’t lend cash via one-week repo at its benchmark rate of 5.75 percent today.

To contact the reporter on this story: Aydan Eksin in Istanbul at aeksin@bloomberg.net

To contact the editor responsible for this story: Mark Bentley at mbentley3@bloomberg.net


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