Turkey said on Tuesday it had raised 1.62 billion lira ($904 million) through a lira-denominated sovereign sukuk, the government’s second issue of an Islamic bond as it diversifies its sources of financing.
Total bids for the two-year lease certificate stood at 3.275 billion lira, the Treasury said in a statement. The paper will pay a lease return of 3.7 percent semi-annually………………………………………..Full Article: Source