ISTANBUL

The Turkish Treasury borrowed 5.66 billion Turkish liras ($976.2 million) from domestic markets through three auctions on Tuesday.

Some 3.69 billion Turkish liras ($636.4 million) in six-month zero coupon Treasury bills — semiannually, reopen, second issue — were sold in the first auction, the Treasury and Finance Ministry announced.

The Treasury bills will be settled on Wednesday and mature on June 6, 2020.

The total tender amounted to 5.56 billion Turkish liras ($959.1 million), with a 66.3% accepted/tendered rate.

The Treasury said the term rate of the 182-day Treasury bills was accepted at 5.51%, while the annual simple and

Read more: Turkish Treasury borrows $976M through auctions