The Turkish Treasury borrowed around 6.07 billion Turkish liras ($766.8 million) from domestic markets, an official statement said on Tuesday.
The Treasury and Finance Ministry announced that some 2.63 billion Turkish liras ($332.2 million) in five-year Turkish lira overnight reference rate (TLREF)-indexed bonds – quarterly, reopen, the third issue – were sold in the first auction.
The total tender amounted to 4.06 billion Turkish liras ($512.9 million), with a 64.8% accepted/tendered rate.
The Treasury said the term rate of 1,757-day government bonds was accepted at 4.43%, while the annual simple and compound interest rates were 17.73% and 18.94%, respectively.
In the second auction, the Treasury issued five-year CPI-indexed bonds – semiannually, reopen, sixth-issue – totaling 3.44 billion Turkish liras ($434.6 million).
According to the ministry, the total tender in the second auction amounted to 6.5 billion Turkish liras ($821.2 million), with a 52.7% accepted/tendered rate.
The term rate of 1,757-day government bonds was accepted at 1.38% of the periodic interest rate, while the annual simple and compound interest rates were 2.76% and 2.78%, respectively.
Both Treasury bills will be settled on Wednesday and mature on Jan. 14, 2026.
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