Turkish cenbank bought 4.1 bln lira in bonds, sukuk

Kitco Media
By Reuters
Published:
Updated:
Reuters
ANKARA, Feb 15 (Reuters) - The Turkish central bank bought 4.1 billion lira ($217.54 million) worth of government bonds and sukuk via quotation method on Wednesday, central bank data from Refinitiv Eikon showed. The central bank earlier said it will buy up to 8 billion lira in government bonds and sukuk, a move bankers said aimed at balancing government bond sales by pension funds who must meet new regulations on allocation of stocks in the government-sponsored part of the funds. ($1 = 18.8470 liras) (Reporting by Nevzat Devranoglu Editing by Alexandra Hudson)

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