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Treasury Borrows 102 Billion Lira

In two treasury bond auctions, the Treasury borrowed approximately 102.4 billion lira. The Ministry of Treasury and Finance borrowed 102 billion 361.1 million lira in two state bond auctions held today. The first auction featured the reissue of a fixed coupon government bond with a 2-year (700 days) maturity, semi-annually paying a 16.3% coupon rate. The auction had a simple interest rate of 34.34% and a compound interest rate of 37.28%. With a nominal offer of 78 billion 274.5 million lira, the nominal sale reached 34 billion 515 million lira, and the net sale totaled 34 billion 527.1 million lira. While all of the 4 billion 40 million lira offer from the public sector was met, market makers submitted offers totaling 44 billion 597 million lira, with 20 billion lira sold to them. In the second auction, the initial issuance of a Treasury bond linked to TLREF with a 4-year (1456 days) maturity and quarterly coupon payments was carried out. With a nominal offer of 52 billion 389 million lira, the nominal sale was 30 billion 269 million lira, and the net sale was calculated at 29 billion 794 million lira. All of the 6 billion 500 million lira offer from the public sector was met, while market makers submitted offers totaling 15 billion 585.5 million lira, with 7 billion 500 million lira sold to them. Consequently, the Treasury borrowed a total of 102 billion 361.1 million lira in the two auctions.

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