CORRECTED-Turkish central bank bought 2.8 bln lira in bonds, sukuk

Kitco Media
By Reuters
Published:
Updated:
Reuters
(Corrects the day in the lede to Friday) ANKARA, Feb 17 (Reuters) - Turkey's central bank bought 2.8 billion lira ($148.4 million)worth of government bonds and sukuk via the quotation method on Friday, central bank data from Refinitiv Eikon showed on Friday. It follows the central bank's buying of some 5.9 billion lira worth of government bonds and sukuk via the quotation method since Wednesday. The central bank earlier said it would buy up to 8 billion lira in government bonds and sukuk, a move bankers said was aimed at balancing government bond sales by pension funds who must meet new regulations on the allocation of stocks in the government-sponsored part of the funds. ($1 = 18.8656 liras) (Reporting by Nevzat Devranoglu Editing by Parisa Hafezi)

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