Business · Economy · 19 hrs ago
Turkey borrows 73.4 billion lira through two bond auctions
Turkey’s Treasury borrowed 73.4 billion lira in two government bond auctions.
The auctions involved two- and four-year bonds, reissued by the Ministry of Treasury and Finance.
The bonds pay fixed coupons every six months, at rates of 18% for the two-year bond and 16.63% for the four-year bond.
Their compound interest rates were 39.51% and 39.07%, respectively.
These rates show the borrowing costs recorded in the auctions.
The ministry said the total borrowing came from the two bond reissues; no further steps were specified.
Turkey’s Treasury and Finance Ministry borrowed 73.3997 billion lira through two government bond auctions.
The auctions reissued fixed-coupon bonds with two-year and four-year maturities.
The two-year bond had a compound interest rate of 39.51%, while the four-year bond’s rate was 39.07%.
The auctions took place on November 9, 2026, according to Sabah.
- Who
- Turkey’s Treasury and Finance Ministry.
- What
- It borrowed 73.3997 billion lira through two government bond auctions.
- When
- November 9, 2026.
- Where
- Not stated.
- Why
- Not stated.
This story does not have two clearly opposing sides.
The ministry reissued a two-year bond with a compound interest rate of 39.51%.
The ministry reissued a four-year bond with a compound interest rate of 39.07%.
- Total borrowing
- 73.3997 billion lira
- Two-year bond
- 672 days; compound interest rate of 39.51%
- Four-year bond
- 1,617 days; compound interest rate of 39.07%
- Auction date
- November 9, 2026