ISTANBUL, March 29 (Reuters) - Turkey's central bank will hold a one-month repo auction on Friday, maturing on April 26, with a volume of 1 billion Turkish lira ($550 million), bank data showed.
The bank also said it will hold a one-week repo auction with a volume of 5 billion lira, maturing on April 5.
The one-month repo auction will be held by the standard auction method, according to which banks tell the central bank the aount they want and the interest rate they are ready to pay.
($1 = 1.8105 Turkish liras)
(Reporting by Ece Toksabay; Editing by Nick Tattersall) Keywords: TURKEY REPO/
(email@example.com)(Reuters Messaging: firstname.lastname@example.org)
Copyright Thomson Reuters 2013. All rights reserved.
The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.