Turkey's Akbank mandates for lira bonds of up to 10 billion lira

ISTANBUL, June 24 Tue Jun 24, 2014 10:11am EDT

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ISTANBUL, June 24 (Reuters) - Turkish lender Akbank said on Tuesday it has mandated work on issuing bonds of worth a total of up to 10 billion lira ($4.68 billion).

The bank said in a statement to the Istanbul stock exchange that the maturities would be maximum 5 years.

($1 = 2.1373 Turkish Liras) (Reporting by Ece Toksabay; Editing by Ayla Jean Yackley)

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