The Ministry of Treasury and Finance continued its domestic borrowing program in January with two bonds.
An offer of 13.5 billion TL was received for the issuance of government bonds with a maturity of 10 years, with a fixed coupon payment of 5.20% every 6 months, with a net sales of TL 10.6 billion. The compound interest rate in the tender was recorded as 10.37 percent.
In the issuance of government bonds with a 7-year maturity, variable interest rate and a coupon payment for 6 months, the offer price was TL 2.81 billion, while the net sales amounted to TL 1.61 billion. The periodic interest in the tender was 10.31 percent.
Treasury sold 13.2 billion TL in two bonds before the auction
The Ministry of Treasury and Finance made a sale of 400 million lira against the 727.5 million lira offer from market makers before the issuance of a 7-year floating interest rate 6-month coupon payment government bond. In this bond, 1 billion liras were sold to the public.
Before the tender for the reissue of government bonds with a 10-year maturity and a fixed coupon payment of 5.20% every 6 months, 11 billion liras were sold against the 17.3 billion liras offered by the market makers.
In this bond, 750 million liras were sold to the public before the tender.