High demand for the Treasury’s CPI-indexed bond
The Ministry of Treasury and Finance continued its February borrowing program with 10-year CPI-indexed bonds.
In the Treasury’s 10-year bond auction, the real compound interest rate was determined as minus 4.94%.
In the re-issuance of government bonds with 10-year maturity CPI-indexed 0.00% real coupon payments every 6 months, sales of 1.82 billion liras were realized against the 18.9 billion liras offer.
The high demand for the bond auction drew attention to the high demand of 18.9 billion liras.
Ministry of Treasury and Finance realized a sales of 1.25 billion liras against the 16.1 billion liras offer from market makers in the 10-year CPI-indexed bond.
The Ministry did not sell this bond to the public.