Average simple rate at 1-wk Turkish repo 6.94 pct

Fri Nov 6, 2009 4:24am EST
 
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ISTANBUL, Nov 6 (Reuters) - Turkey's Central Bank injected 1.955 billion lira ($1.32 billion) into the market in a one-week repo auction on Friday at an average simple interest rate of 6.94 percent.

Central bank data CBTG showed total bids were also 1.955 billion lira. The repo will mature on Nov. 13.

The bank also injected two billion lira into the market in a three-month repo auction at an average rate of 6.97 percent. Total bids were 7.4 billion lira. This repo will mature on Feb. 5, 2010.

 

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