Treasury borrowed 6.4 billion liras in 2 tenders
In the first auction, the Ministry of Treasury and Finance re-issued government bonds with a maturity of 2 years (574 days), a coupon payment of 4.65 percent every 6 months, and a fixed coupon. In the tender, simple interest was 14.97 percent and compound interest was 15.53 percent.
In the tender, where the nominal bid reached 288 million liras, nominal sales were 187 million liras and net sales were 179.9 million liras.
191 MILLION TL OFFER RECEIVED
In the tender, in which all the offers of 1 billion 500 million liras from the public were met, 191 million liras were received from market makers and 125 million liras were sold to this segment.
In the second auction, a 6-year (2338-day) maturity, 6-monthly coupon payment, floating rate government bond was reissued. The periodic interest in the tender was 6.86%.
In the tender, where the nominal bid amounted to 2 billion 5.8 million liras, nominal sales were 1 billion 173.8 million liras and net sales were 1 billion 10.2 million liras.
In the tender, where all of the 3 billion TL bids from the public were met, 1 billion 51 million TL bids were received from market makers and 600 million TL were sold to this segment.
Thus, the Treasury borrowed a total of 6 billion 415.1 million liras in 2 auctions.