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  • 28-01-20

    Turkish Treasury takes around USD571 million from domestic markets

    (MENAFN) According to the Treasury and Finance Ministry, the Turkish Treasury borrowed around USD571 million from domestic markets and as said in a statement the auction lasted for two-year fixed coupon bonds reopen (4th issue), semiannually, 6.90 coupon rate to be completed on Wednesday and mature on Oct. 20, 2021.


    With a 59.3 percent accepted/tendered rate, the whole tender totaled about USD960 million.


    The term rate of the 630-day Treasury bills was received at 4.93 percent, while the average yearly simple and compound interest rates were 9.85 percent and 10.09 percent, respectively.


    In the period of December 2019 to February 2020, the ministry has expected about USD10.7 billion of borrowing from the market through auctions, as in the domestic borrowing strategy.

    MENAFN2801202000450000ID1099613072

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