Turkey's Isbank to issue bonds worth up to 1.2 billion lira

ISTANBUL Thu May 29, 2014 10:45am EDT

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ISTANBUL May 29 (Reuters) - Turkish lender Isbank said on Thursday it has started work on issuing bonds of varying maturities worth a total of 800 million lira ($381 million).

The bank said in a statement to the Istanbul stock exchange that it could increase the volume of bonds to 1.2 billion lira, depending on demand.

($1 = 2.10 lira) (Reporting by Ece Toksabay; Editing by Ayla Jean Yackley)

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