Turkish Treasury to repay $14.4B in Feb-Apr
Treasury to borrow $11.1B from domestic markets over next 3 months, says Treasury and Finance Ministry
By Aysu Bicer
ANKARA (AA) - Turkey's Treasury will repay 86.1 billion Turkish liras ($14.4 billion) of debt in February-April period, the Treasury and Finance Ministry announced on Friday.
Over the next three months, The Treasury will repay 11.6 billion Turkish liras ($1.9 billion) in external debts, of which 9.9 billion Turkish liras ($1.6 billion) will be interest payments.
Treasury to borrow 66.5 billion Turkish Liras ($11.1 billion) from domestic markets over next 3 months, according to borrowing strategy.
The Treasury is projected to hold 15 bond auctions and a direct sale of three lease certificates -- no planned external borrowing -- in Feb.-Apr period.
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