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Islamic Finance Briefing - Categorized | Bonds (Sukuk), Market Moves more

Turkey may sell state firm bonds

Posted on 07 May 2009

From Hurriyet.com: Turkey may sell bonds convertible into shares in state-owned companies such as the national airline Turkish Airlines as early as this year, two government officials said.

The securities would be backed by revenue from the companies and could be swapped for stock or Treasury bonds after three years, the officials said by telephone in Ankara yesterday…….Full Article: Source

 
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