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  • 30-10-21

    Turkish Treasury to repay debts valued at USD10.6B

    (MENAFN)According to the Turkish Treasury and Finance Ministry, the country’s Treasury is going to repay debts valued at 101 billion Turkish liras (USD10.6 billion) in the last quarter of the year.

    The Treasury is going to repay 24.8 billion Turkish liras (USD2.6 billion) in external debts, including 7.9 billion Turkish liras (USD828.25 million) in interest payments.

    From November 2021 to January 2022, some 76.4 billion Turkish liras (USD8 billion) of domestic debt redemption is also estimated -- with 25 billion Turkish liras (USD2.6 billion) of this amount in interest payments, as the rest in principal payment.

    The Treasury will take a loan of 75.2 billion Turkish liras (USD7.88 billion) from domestic markets in the coming three months, the ministry's borrowing strategy stated. 

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