Treasury to Hold Two Auctions Today

The Treasury will hold an auction today for a bond and a bill. It will reintroduce a zero-coupon bill with a maturity of 10 months (308 days), due on September 10, 2025, and a bond indexed to TLREF, with a maturity of 4 years (1,400 days), due on September 6, 2028, featuring quarterly coupon payments. The settlement date for both auctions has been set for Wednesday, November 6, 2024. This week, the Treasury has a total domestic debt service of 56.4 billion TL, comprising 52 billion 90 million TL for the market and 4 billion 311 million TL for the public.