The Treasury borrowed 73.4 billion lira through two auctions held today

Türkiye’s Treasury and Finance Ministry borrowed a combined 73.4 billion lira ($2.1 billion) through two government bond auctions on Wednesday, reissuing two- and four-year fixed-coupon notes at compound yields of 39.51% and 39.07%, respectively. The result shows the government is still funding itself at elevated costs even as investors accept slightly lower yields on the longer paper, a sign that demand remains intact but borrowing stays expensive. The auctions matter because they set a fresh benchmark for domestic debt costs and feed into the government’s overall financing plan. Investors will watch whether yields on upcoming issuances continue to ease and how the ministry structures its next borrowing schedule.