Treasury Borrowed 55.36 Billion TL Through Two Auctions

In the two bond auctions conducted by the Treasury, the total sales amounted to 31 billion 82.8 million TL. Along with the 24 billion 280 million TL ROT sales made before the auctions, the total sales reached 55 billion 362.8 million TL. The Treasury issued fixed-coupon bonds with a maturity of 2 years (637 days) and variable-interest bonds with a maturity of 6 years (2,345 days).

In the fixed-coupon bond auction, a total of 40 billion 375.0 million TL in bids were received, with net sales totaling 28 billion 199.9 million TL and a nominal sales amount of 26 billion 952.0 million TL. The compounded interest rates in the auction were recorded at a minimum of 42.99%, an average of 43.21%, and a maximum of 43.36%. The average simple interest was at 39.34%. The minimum price in the auction was 104,490 TL, while the average price was 104,630 TL. The bonds sold in the auction will be issued on Wednesday, November 13, 2024. The redemption date for the reissued six-month coupon-bearing bond is August 12, 2026.

-Variable Rate- In the variable rate bond auction, net sales were 2 billion 883.8 million TL, with a nominal sales amount of 3 billion 340.0 million TL. Traders submitted bids totaling 6 billion 875.0 million TL in the auction. The periodical compounded interest rates during the auction were recorded at a minimum of 23.03%, an average of 23.31%, and a maximum of 23.49%. The minimum price of the bond was 85,725 TL, while the average price was 86,342 TL. The bonds sold in the auction will also be issued on Wednesday, November 13, 2024. The redemption date for the reissued six-month coupon-bearing bond is April 16, 2031.