The Treasury borrowed 29.8 billion liras
Original headlineHazine 29,8 milyar liralık borçlandı
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Turkey’s Treasury and Finance Ministry raised 29.83 billion lira by reopening an eight-year government bond, with the auction clearing at a compound yield of 36.61%. The sale extends the government’s borrowing program amid elevated domestic interest rates. Investors will watch upcoming auctions and the yield curve for signs of how costly Turkey’s debt servicing remains.
Muhabbit's AI wrote this summary in its own words from Sabah Ekonomi's report and translated it from Turkish. It can get details wrong, so check the source.
Named in this story
Hazine ve Maliye Bakanlığı, devlet tahvili