The Treasury has announced a domestic borrowing strategy of 848.4 billion Turkish Liras.

Treasury Defines Its Domestic Borrowing Tactics

The Ministry has announced its domestic borrowing strategy to be implemented over the next three months. Under this strategy, the Treasury will carry out 848.4 billion lira in domestic borrowing against a domestic debt service of 784.9 billion lira.

Monthly Domestic Debt Service and Planned Borrowings

In November, 95 billion lira is expected to be the domestic debt service, while 128.3 billion lira of borrowing is planned. In December, there will be 108.3 billion lira in domestic debt service against a planned domestic borrowing of 136.1 billion lira. For January 2026, 581.6 billion lira will be paid, with an expected 584 billion lira in domestic borrowing.

Details of Domestic Borrowing

In November, 48.3 billion lira of domestic borrowing will be sourced from the market, 60 billion lira from direct sales, and 20 billion lira from public sales. In December, 114.1 billion lira will come from the market, 10 billion lira from direct sales, and 12 billion lira from public sales. For January, 504 billion lira of domestic borrowing is expected from the market, 25 billion lira from direct sales, and 55 billion lira from public sales.

Bond Auctions and Issuances

During this period, a total of 13 bond auctions will be held, 4 lease certificates will be offered through direct sales, and 2 treasury bonds will be issued.

Payment Plans and External Debt Service

The total payments to be made in November will amount to 232.6 billion lira, 123.1 billion lira in December, and 715.1 billion lira in January 2026. Of these payments, 285.8 billion lira will consist of external debt service.