The Treasury borrowed 1.3 billion TL

The Ministry of Finance has borrowed 1 billion 33.3 million lira in the bond auction held today.

In the tender, the Ministry reissued fixed coupon government bonds with a maturity of 1 year (539 days) and a coupon payment of 4.65 percent every 6 months.

In the tender, the simple interest was 16.38 percent and the compound interest was 17.05 percent.

In the tender, where the nominal offer amounted to 1 trillion 416 million liras, nominal sales were 530 million liras and net sales were 483.3 million liras.

In the tender, in which all TL 250 million bids from the public were met, TL 434.5 million bids were received from market makers and TL 300 million were sold to this segment.

Thus, the Treasury borrowed a total of 1,000 million 33.3 million liras in the tender.

TWO MORE BIDS WILL BE ORGANIZED TOMORROW

The Ministry of Finance will hold two more government bond auctions tomorrow.

In accordance with the internal debt issuance schedule published by the Ministry, the first issuance of variable rate government bonds with a maturity of 7 years (2548 days) and coupon payment every 6 months will be carried out in the first auction.

In the second auction, fixed coupon government bonds with a maturity of 9 years (3409 days) and coupon payment every 6 months will be reissued. (AA)