Treasury borrowed 8.1 billion liras

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Treasury borrowed 8.1 billion liras





© Milliyet
Treasury borrowed 8.1 billion liras


The Treasury and the Ministry of Finance went to borrow 8 billion 112.3 million liras in two bond auctions held today.In the first tender, the Ministry re-issued the government bond with a maturity of 2 years (665 days), 4.5 percent coupon payments every 6 months, and fixed coupons. Simple interest was 9.5 percent and compound interest was 9.72 percent in the tender.

In the tender where the nominal offer reached 3 billion 914 million liras, the nominal sales were 1 billion 694 million liras, and net sales were 1 billion 706.2 million liras.

In the tender where all 450 million lira offers from public institutions were met, 2 billion 921.2 million lira offers from market makers were evaluated and 1 billion 200 million liras were sold to this segment.

In the second tender, the Treasury re-issued a 7-year (2492 days) term, 6-month coupon payment, variable interest government bonds. Periodical interest in the tender was 4.96 percent.

In the tender, where the nominal offer amounted to 3 billion 566 million liras, the nominal sale was 1 billion 692 million liras, and net sales were 1 billion 681.1 million liras.

In the tender, where all of the 1 billion 75 million lira proposals from public institutions were met, 3 billion 251 million lira offers came from the market makers and 2 billion liras were sold to this segment.

Thus, the Treasury owed a total of 8 billion 112.3 million liras to the market.

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