The treasury borrowed 61.1 billion TL through two bond auctions.

Important Bond Auctions from the Ministry of Treasury and Finance

The Ministry of Treasury and Finance recently conducted two separate bond auctions, raising a total of 61.1 billion TL. The details of the auctions provide noteworthy information for investors.

2-Year Maturity Bond Auction

In the 2-year maturity bond auction, the bid amount was 49.23 billion TL, while the net sales amount reached 25.97 billion TL. The simple interest rate determined for this auction was %37.04, and the compound interest rate was recorded at %40.46.

10-Year Maturity Bond Auction

On the other hand, in the 10-year maturity bond auction, the bid amount was 16.65 billion TL, with a net sales amount of 11.13 billion TL. In this auction, the simple interest rate was set at %29.67, and the compound interest rate was determined to be %31.87.

Borrowing Through Market Makers

The Ministry of Treasury and Finance borrowed 24 billion TL from market makers prior to the reissuance of its 2-year and 10-year bonds. Before the initial issuance of the 2-year bond, 21.3 billion TL in bids were received, and 9.5 billion TL in sales were made. A total of 10.3 billion TL was sold to the public.

Before the initial issuance of the 10-year bond, 8.5 billion TL in bids were received, and 4.25 billion TL worth of sales were made; however, no sales were conducted to the public for this bond.