Turkish treasury borrows $1.4B from domestic markets

By Gokhan Ergocun

ISTANBUL (AA) - Turkey's Ministry of Treasury and Finance issued on Thursday Euro-dominated government debt securities and lease certificates to borrow €1.26 billion ($1.41 billion) from domestic markets.

Both government debt securities (€1.005 billion) and lease certificates (€255 million) have 0.75% coupon rate semiannually.

Securities and certificates will be settled on Friday, and mature on March 12, 2021.

This week, the treasury also borrowed 10.6 billion Turkish liras ($1.72 billion) in three auctions.