Treasury Borrows 30.6 Billion TL with 5-Year Bonds, Average Compound Interest at 35.41%

The Treasury made a net sale of 19 billion 604.1 million TRY in the bond auction. Together with the 11 billion TRY ROT sale made prior to the auction, the total sale amount reached 30 billion 604.1 million TRY. The Treasury conducted a fixed coupon tender with a maturity of 5 years (1,764 days) in Turkish lira.

In the auction, bids amounted to 30 billion 37.5 million TRY, while the nominal sales reached 20 billion 15.8 million TRY. The compound interest of the re-sold bond was established at a minimum of 34.38%, an average of 35.41%, and a maximum of 3.54%. The simple interest was realized at an average of 32.73%.

The minimum price of the bond was set at 97,701 TRY, and the average price was 97,943 TRY. The bonds sold in the auction will be issued on Wednesday, November 13, 2024. The maturity date of the bond is September 12, 2029.