The Treasury borrowed 29.5 billion lira
The Ministry of Treasury and Finance went to borrow 29 thousand 530.5 million liras in the 2 bond auctions it held today.
In the first auction, the Ministry carried out the first issuance of government bonds indexed to the CPI with a maturity of 5 years (1820 days), real 0 percent coupon paid every 6 months.
In the tender, where the nominal offer amounted to 57 thousand 792.5 million liras, nominal sales amounted to 7 thousand 13 million liras and net sales to 10 thousand 437.6 million liras.
In the tender, in which 3 billion TL bids from the public were honored, 29.506 million TL bids were received from market makers and 8 billion TL were sold to this segment.
In the second auction, the first issuance of fixed coupon government bonds with a maturity of 10 years (3640 days) and a coupon payment of 8.9 percent every 6 months was carried out. In the tender, the simple interest was 18.94 percent and the compound interest was 19.83.
In the tender, where the nominal offer amounted to 7,555.5 million liras, nominal sales were 4,572.5 million liras and net sales were 4,342.9 million liras.
In the tender, which was not sold to the public, 5.476 million liras of market makers were offered and 3.750 million liras were sold to this segment.
Thus, the Treasury borrowed a total of 29 thousand 530.5 million liras in 2 auctions. (AA)
Source: Sozcu
Andrew Dwight is an author and economy journalist who writes for 24 News Globe. He has a deep understanding of financial markets and a passion for analyzing economic trends and news. With a talent for breaking down complex economic concepts into easily understandable terms, Andrew has become a respected voice in the field of economics journalism.
