Economy

Turkish treasury borrows $1.4B from domestic markets

Ministry of Treasury and Finance issues government debt securities and lease certificates

Gökhan Ergöçün   | 12.03.2020
Turkish treasury borrows $1.4B from domestic markets

ISTANBUL

Turkey's Ministry of Treasury and Finance issued on Thursday Euro-dominated government debt securities and lease certificates to borrow €1.26 billion ($1.41 billion) from domestic markets. 

Both government debt securities (€1.005 billion) and lease certificates (€255 million) have 0.75% coupon rate semiannually.

Securities and certificates will be settled on Friday, and mature on March 12, 2021.

This week, the treasury also borrowed 10.6 billion Turkish liras ($1.72 billion) in three auctions.

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