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Turkish Treasury borrows around 1.8 bln lira in 2017 sukuk

The instrument will mature on Feb. 15, 2017, the Treasury said on its website.

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The Turkish Treasury said on Wednesday it issued a lira-denominated sukuk with a volume of 1.8 billion lira ($736 million).

The instrument will mature on Feb. 15, 2017, the Treasury said on its website.

With the latest sukuk, the Treasury's outstanding lira-denominated sukuk amount has increased to 6.8 billion lira.

Treasury also has $3.75 billion worth of outstanding dollar-denominated sukuk.