November 2, 2012 / 1:06 PM / 5 years ago

Turkey's Yapi Kredi bank says to issue 500 mln lira bill

ISTANBUL, Nov 2 (Reuters) - Turkish lender Yapi Kredi said on Friday it haD applied to the Turkish banking watchdog (BBDK) and Capital Markets Board to issue a 178-day, 500 million lira ($280 million) bill.

The bank also said in a statement to the Istanbul Stock Exchange that if the issue attracted strong bids it could increase the total amount by 100 million lira. ($1 = 1.7881 Turkish liras) (Writing by Seltem Iyigun)

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