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Turkey's Ziraat to issue up to 7 bln lira worth of paper
November 8, 2012 / 1:12 PM / 5 years ago

Turkey's Ziraat to issue up to 7 bln lira worth of paper

ISTANBUL, Nov 8 (Reuters) - Turkey’s Ziraat Bank mandated its head office to issue lira-denominated bills and bonds worth up to 7 billion lira ($3.92 billion) of varying maturities, the bank said on Thursday.

Ziraat will also issue forex-denominated papers worth up to $3 billion within one year, it said in separate filings to the Istanbul Stock Exchange.

$1 = 1.7859 Turkish liras Writing by Ece Toksabay

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