Economy

Treasury to conduct 4 auctions next week

November 1, 20241 Mins Read

The Ministry of Treasury and Finance will hold 3 state bond auctions and 1 treasury bill auction next week. According to the domestic debt issuance calendar published by the Ministry, the auction to be held on Monday, November 4 will include the reissue of a 10-month (308 days) treasury bill. On the same day, a second auction will feature the reissue of a 4-year (1400 days) state bond indexed to the Turkish Lira overnight reference interest rate (TLREF) with quarterly coupon payments. Additionally, on Tuesday, November 5, a reissue will take place for a 3-year (1015 days) state bond indexed to the Consumer Price Index (CPI) with semi-annual coupon payments. The same day will also see the reissue of a 10-year (3612 days) fixed coupon state bond with semi-annual payments.

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