The Treasury borrowed 42.2 billion TL with a 5-year bond auction.

Ministry of Treasury Completes Debt Issuance Auction with 5-Year Maturity

The Ministry of Treasury and Finance successfully conducted the 5-year government bond auction included in its domestic borrowing calendar for October. With this auction, a total of 42.2 billion TL was borrowed.

Record Bids in Auction

In its first issuance, 46.2 billion TL in bids were received, leading to a net sale of 20.4 billion TL. The composite interest rate determined in the auction was set at %36.98.

Market Makers and Public Sales

Prior to the first issuance of the 5-year government bond, which pays fixed coupons twice a year, the Ministry of Treasury and Finance borrowed a total of 21.8 billion TL from market makers and public institutions. During this process, 11.8 billion TL was sold against 25.7 billion TL in bids from market makers, while 10 billion TL was sold to the public.