Treasury announced May-July domestic borrowing strategy

The Ministry announced its domestic borrowing strategy for the May-July period.

Accordingly, the Treasury will realize a domestic borrowing of 194 billion liras in return for 284.4 billion liras of domestic debt service in the said period.

In the domestic borrowing strategy of the Ministry for the May-July period, domestic debt service of 103.1 billion liras in May against 50 billion liras, in June 64 billion liras in return for 56.3 billion liras of domestic debt service, and 125 billion liras in July. In return, 80 billion liras of domestic borrowing is envisaged.

It is expected that 45.5 billion liras of domestic borrowing in May will consist of the market, 4.5 billion liras from sales to the public, 62 billion liras of domestic borrowing in June from the market, 2 billion liras from sales to the public, and 80 billion liras of domestic borrowing in July entirely from the market.

During this period, 19 bond auctions will be held and 1 treasury bill will be reissued.

Payments of 115.1 billion liras in May, 64.1 billion liras in June and 144.7 billion liras in July will be made. 39.5 billion lira of these payments will consist of foreign debt service.