December 7, 2018 / 11:28 AM / 3 days ago

OFFICIAL CORRECTION-Turkish finance ministry says has issued asset-backed security worth 3.15 bln lira

(Removes ‘first’ from headline, 1st para after ministry corrects statement)

ANKARA, Dec 7 (Reuters) - Turkey issued an asset-backed security, worth 3.15 billion lira ($590 million), the finance ministry said on Friday.

In a statement, the ministry said the security had a 5-year maturity and a fixed-coupon payment of three months. It said 118 investors had submitted bids. (Reporting by Tuvan Gumrukcu and Ece Toksabay; Editing by Daren Butler)

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