(ECO) TURKISH TREASURY TO HOLD TWO AUCTIONS Saturday, 04.Sep.2010, 11:36 (GMT+2) ANKARA (A.A) - Turkey's Treasury Undersecretariat will hold twoauctions to sell bonds and T-bills next week.On Monday, the Treasury will sell 182-day (6-month) TRY-denominatedzero-coupon reference T-bills.The settlement date will be September 6, 2010 and the maturity date will beMarch 9, 2011.On Tuesday, the Treasury will sell 595-day (20-month) TRY-denominatedzero-coupon bonds.The settlement date will be September 7, 2010 and the maturity date will beApril 25, 2012.Due to public holiday on September 8, 2010, Primary Dealers will be able tosubmit option bids till 11.30 a.m. on the settlement date.(BRC-CE)
ANKARA (A.A) - Turkey's Treasury Undersecretariat will hold twoauctions to sell bonds and T-bills next week.On Monday, the Treasury will sell 182-day (6-month) TRY-denominatedzero-coupon reference T-bills.The settlement date will be September 6, 2010 and the maturity date will beMarch 9, 2011.On Tuesday, the Treasury will sell 595-day (20-month) TRY-denominatedzero-coupon bonds.The settlement date will be September 7, 2010 and the maturity date will beApril 25, 2012.Due to public holiday on September 8, 2010, Primary Dealers will be able tosubmit option bids till 11.30 a.m. on the settlement date.(BRC-CE)
Germany's defense minister says the commander of the troubled navy training ship has been relieved of his duties and the vessel ordered to return amid questions surrounding the death of a sailor on board late last year. Defense Minister Karl-Theodor zu Guttenberg said the Gorch Fock would remain in port pending the results of an investigation into the death of the 25-year-old sailor who plunged from the ship's rigging in November. Guttenberg told ARD public broadcaster on Saturday Jan. 22, 2011 the ship would not be used for training pending the outcome of an investigation. Guttenberg consistently polls as one of the nation's most popular politicians, but has come under pressure in recent weeks over a series of issues in the military, including the death on the Gorch Fock.