The Ministry issued the first issuance of the government bonds with a 3-year (1183 days) maturity, a quarterly coupon payment and indexed to TLREF (Turkish Lira Overnight Reference Interest Rate). Periodical interest in the tender was 2.52 percent.
In the tender, where the nominal offer amounted to 2 billion 492 million liras, the nominal sale was 2 billion 167 million liras and the net sale was 2 billion 161.1 million liras.
In the tender, 2 billion 7 million TL offers were received from market makers and 1.4 billion TL was sold to this segment.
Thus, the Treasury borrowed 3 billion 561.1 million lira on the market.