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FinancialNews
20-01-21
Turkish Treasury borrows USD800M from domestic markets
(MENAFN)An official stated that on Tuesday, the Turkish Treasury borrowed 6 billion Turkish liras (USD800 million) from domestic markets.
A number of 1.5 billion Turkish liras (USD201 million) in zero coupon bonds -- new issuance -- were sold in the first auction, declared Turkey's Treasury and Finance Ministry.
On Wednesday, the Treasury bill will be approved and established on April 13, next year. The total tender reached to 2.9 billion Turkish liras (USD389 million) with a 53 percent accepted/tendered rate.
The term volume of the 448-day government bonds was accepted at 19.39 percent, as the yearly simple and compound interest volumes were 15.76 percent and 15.49 percent.
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