ISTANBUL
The Turkish Treasury borrowed around 8.14 billion Turkish liras ($945.55 million) from domestic markets, according to an official statement on Tuesday.
The Treasury and Finance Ministry announced that 10-year CPI-indexed government bonds (reopen, second issue) worth 7 billion Turkish liras ($813.3 million) were sold.
The total tender amounted to 10.12 billion Turkish liras ($1.17 billion) with a 69.3% accepted/tendered rate.
The Treasury said the term rate of the 3,605-day government bonds was accepted at 1.57%, while the annual simple and compound interest rates were 3.15% and 3.17%, respectively.
The Treasury bills will be settled on Wednesday and mature on May 28, 2031.
The ministry also issued lease certificates worth 1.14 billion Turkish liras ($132.4 million) on Tuesday with the value date of Wednesday and the maturity date of July 12, 2023.
The Treasury held another auction on Monday for borrowing 4.06 billion Turkish liras ($469.9 million) from domestic markets.
It will also issue lease certificates and government bonds on Wednesday for borrowing from foreign markets.
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