The Ministry of Treasury and Finance borrowed 27 billion 223.2 million lira in state bond auctions held today. In the first auction, a 3-year (1036 days) maturity, semi-annual 1.5% real coupon payment indexed to CPI government bond was reissued. The auction had a simple real interest rate of 5.08% and a compound real-interest rate of 5.14%. With a nominal bid reaching 4 billion 531 million lira, the nominal sale was 2 billion 600 million lira, and the net sale was 2 billion 595.6 million lira. All of the 6 billion 500 million lira bid from the public sector was met, while market makers submitted bids worth 1 billion 522 million lira, and sales of 1 billion lira were made to this segment. In the second auction, a 5-year (1792 days) maturity, semi-annual 15% fixed coupon payment government bond was reissued. The auction had a simple interest rate of 31.59% and a compound interest rate of 34.08%. With a nominal bid of 15 billion 461.5 million lira, the nominal sale was 9 billion 791.6 million lira, and the net sale was 9 billion 627.6 million lira. All of the 5 billion lira bid from the public sector was met, and market makers submitted bids worth 3 billion 877 million lira, with sales of 2 billion 500 million lira made to this segment. Thus, the Treasury incurred a total debt of 27 billion 223.2 million lira.
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