Treasury Borrows 18.6 Billion TL Through Two Auctions

In two bond auctions conducted by the Treasury, the total sales amounted to 7 billion 601.8 million TL. Including the 11 billion TL ROT sales before the auctions, the total sales reached 18 billion 601.8 million TL.

The Treasury issued an inflation-indexed bond with a maturity of 3 years (1,092 days) and a fixed coupon bond with a maturity of 10 years (3,570 days).

In the inflation-indexed bond auction, bids totaled 9 billion 835 million TL, with net sales of 1 billion 232.1 million TL. The nominal amount of sales was 1 billion 313 million TL.

In the auction, the average real simple interest rate was determined to be 5.25%, while the average real compound interest rate was 5.31%.

The minimum price in the auction was set at 93,666 TL, and the average price was 93,839 TL.

The settlement date of the newly issued bond has been set for Wednesday, December 18, 2024. The repayment date for the bond, which pays coupons every six months, is December 15, 2027.

• Fixed Coupon -

In the fixed coupon bond auction, net sales reached 6 billion 369.7 million TL, with the nominal amount of sales being 6.25 billion TL. The auction received bids totaling 23.86 billion TL.

In the auction, the average compound interest rate was 30.74%, while the average simple interest rate was 28.69%.

The minimum price in the auction was set at 101,876 TL, and the average price was 101,915 TL.

The securities sold in the auction, which provide coupon payments every six months, will be issued on Wednesday, December 18, 2024. The repayment date for the reissued bond is September 27, 2034.