Treasury Borrowed 5.3 Billion TL with Two Bonds
Turkey’s Ministry of Treasury and Finance signed a loan of 5.3 billion lira in two bonds.
Treasury borrowed 5.3 billion TL with two bonds. In the auction of the
Ministry of Treasury and Finance for the re-issue of CPI-indexed government bonds with a 4-year maturity every 6 months with a real coupon payment of 0.75 percent, 2.99 billion TL net sales were made against a bid of 4.19 billion TL. Real compound interest rate was recorded as 3 percent in the auction.
Compound interest was realized at 18.16 percent in the first auction of the 13-month no-coupon government bond.
1.85 Billion Lira Sales in Two Bonds Before Auction
The Ministry of Treasury and Finance, before the first auction of the 13-month zero-coupon government bonds, sold 250 million lira against the offer of 391 million lira from the market makers.
Prior to the re-issue of the CPI-indexed government bond with a 4-year maturity every 6 months with a real coupon payment of 0.75 percent, the ministry made sales of 1.6 billion lira in return for a bid of 2.45 billion lira from market makers.