Bloomberg News

Turkish Bank Lends 5.5 Billion Liras Overnight at 11 Percent

April 11, 2012

Turkey’s central bank lent 5.5 billion liras ($3.1 billion) overnight at 11 percent to largest banks today, after earlier withdrawing funding at the benchmark one-week repo rate of 5.75 percent.

To contact the reporter on this story: Mark Bentley in Istanbul at mbentley3@bloomberg.net

To contact the editor responsible for this story: Riad Hamade at rhamade@bloomberg.net


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