Turkish Treasury borrows $74 mln from domestic markets

Turkish Treasury borrows $74 mln from domestic markets

ANKARA-Anadolu Agency

The Turkish Treasury borrowed 547.5 billion Turkish liras ($74 million) from domestic markets through lease certificates on Aug. 25.

The Treasury and Finance Ministry issued the four-year fixed rent rate lease certificates to the banks through direct sale method in order to increase the domestic savings, broaden the investor base and diversify the borrowing instruments.

The 1,456-day lease certificates, with a periodic rent rate (six months) of 6.80%, will be settled on Wednesday, while they will mature on Aug. 21, 2024.

 

LATEST NEWS

  1. Romania set to hold presidential election

  2. Israel to end 'administrative detention' for West Bank settlers

  3. More countries vow to arrest Netanyahu under ICC warrant

  4. Record 281 aid workers killed in 2024, according to UN

  5. Russia says it 'derailed' Kiev's war plans for next year
Recommended

Over 47 million foreign tourists visit Türkiye in 10 months

AI firms seek accords with publishing giants to maintain growth

Competition authority launches probe into Mastercard, Visa

BP announces $7 billion gas project investment in Indonesia

Trudeau to send checks to millions of Canadians

SEC Chair Gensler to exit, clearing way for Trump pick

Volkswagen workers head towards strikes from December
WORLD

Romania set to hold presidential election

Romanians will vote in the first round of a presidential election on Nov. 24, with worries about the cost of living likely to earn radical right leader George Simion, who opposes military aid to Ukraine, a shot at victory.
ECONOMY

Over 47 million foreign tourists visit Türkiye in 10 months

Foreign tourist arrivals in Türkiye increased by 7.03 percent year-on-year in January-October to 47.3 million, according to data from the Culture and Tourism Ministry on Nov. 22.

SPORTS

Türkiye heads to Nations League playoffs after Montenegro loss

Türkiye spurned the opportunity to finish atop its group in the UEFA Nations League and qualify for League A directly with a 3-1 loss at Montenegro on Nov. 19 night.