Wednesday 24 August 2011

CAPITAL MARKETS - Turkish treasury sells 378.2 mln lira of revenue-indexed bonds


REUTERS - Aug 23 (Reuters) - Turkey's Treasury said on Tuesday it sold 378.2 million Turkish lira ($211.8 million) worth of its new Aug. 21, 2013 revenue-indexed bonds.
Coupon payments are indexed to state-owned companies' revenues. The bonds are an interest-free product making them attractive to investors who wish to adhere to Islamic banking customs. ($1 = 1.786 Turkish Liras)  (source)
(Editing by Anna Willard)

Source :  http://in.reuters.com/article/2011/08/23/turkey-bonds-idINI7E7JI00820110823 - Aug 23, 2011