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Economy

The Treasury borrowed about 13.6 billion lire in two bond auctions.

At the first auction, the ministry reissued a 9-month (273-day) treasury bill without a coupon. In the tender, simple interest was 24.03% and compound interest was 24.73%.

In the tender, where the nominal bid was 3 billion 655 million lira, the nominal sales were 2 billion 381 million lira and the net sales were 2 billion 17.4 million lira.

In the tender, where all offers of 100 million lira from public institutions were met, 5 billion 251 million lira was received from market makers and 3 billion 600 million lira was sold to this segment .

CPI-LINKED GOVERNMENT BONDS HAVE BEEN REISSUED

In the second auction, CPI-indexed government bonds with a maturity of 10 years (3549 days) and a coupon payment every 6 months were reissued. At auction, the actual simple interest was minus 3.06% and the actual compound interest was minus 3.04%.

In the tender, where the nominal bid reached 4 billion 795.7 million lira, nominal sales were recorded at 2 billion 247.6 million lira and net sales at 3 billion 781.1 million to read.

In the tender, where all offers of 100 million lira from public institutions were met, 10 billion 862 million lira was received from market makers and 4 billion lira was sold to this segment.

Thus, the Treasury owed 13 billion 598.5 million lire to the market.

Source Cumhuriyet

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