Treasury borrows 1.82 billion TL with 2-year bond
The Treasury sold a net 1 billion 348.9 million TL in its bond auction. Including the 470 million TL in non-competitive (ROT) sales made prior to the auction, the total sales amount reached 1 billion 818.9 million TL.
The Treasury held a fixed-coupon bond auction denominated in TL with a 2-year (707-day) maturity.
In the auction, which received 3 billion 843 million TL in nominal bids, the nominal amount of sales was 1 billion 784 million TL.
The compound interest rate for the re-issued bond was 32.36 percent at the lowest, 33.03 percent on average, and 34.81 percent at the highest. The simple interest rate averaged 30.67 percent.
The minimum price for the bond was 73,882 TL, and the average price was 75,610 TL.
The redemption date for the bond is October 1, 2025, and the value date will be Wednesday, October 25, 2023.
News Source: 12punto
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