The Turkish Central Bank Friday bought 115.9 million Turkish lira ($73.4 million) of the March 7, 2012, bonds at an average compound interest rate of 8.78% at its domestic bond-buying auction.
Nominal sales were TRY100 million. The central bank has said it plans to buy TRY8 billion of domestic government debt by June 23.
The auctions, held every Wednesday and Friday, have a maximum volume of TRY100 million each.
The bank plans to hold 50 auctions and buy up to TRY5 billion in the first half of 2010, focusing on one- and five-year bonds.