The Turkish Treasury went for a borrowing of 1 billion Turkish lira

turkish lira

The compound interest rate in the 539-day maturity bond auction of the Ministry of Treasury and Finance was 17.05 percent.

The Ministry of Treasury and Finance took a step towards the June borrowing schedule with a 539-day maturity bond auction.

In the auction of the government bond with a 539-day maturity and a semi-annual coupon payment of 4.65 percent, a total of 483.3 million TL was sold in response to the bid of 1.42 billion TL. The compound interest rate in the auction was 17.05 percent.

Prior to the auction of the government bond with a 539-day maturity and a semi-annual coupon payment of 4.65 percent, the Treasury conducted a total of 550 million TL in sales to market makers and the public. In response to the bid of 434.5 million TL from market makers, sales of 300 million TL were realized. All bids totaling 250 million TL from the public were accepted.

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