Treasury to Hold Three Bond Auctions Next Week, Including Two First-Time Issues

Türkiye’s Treasury is set to auction three government securities next week, including two fixed-coupon bonds being issued for the first time. These sales come as the Treasury prepares to meet significant domestic debt obligations in July.

Auction Schedule: Inflation-Linked and Fixed-Coupon Bonds

On Monday, May 14, the Treasury will:

• Reissue a 4-year (1,428-day) CPI-indexed bond maturing on June 13, 2029, with semi-annual coupon payments.

• Launch two first-time fixed-coupon bonds:

  • A 2-year (728-day) bond maturing on July 14, 2027,

  • A 5-year (1,820-day) bond maturing on July 10, 2030,
    Both will pay coupons every six months.

Near-Term Debt Payments Total TL 14.5 Billion

The Treasury is scheduled to repay TL 14.5 billion next week, including TL 13.77 billion to markets and TL 730 million to public institutions.

Major Repayment Coming July 23

The largest domestic debt servicing of the month is set for July 23, totaling TL 281 billion, including:

• TL 280.25 billion to the market,

• TL 791 million to the public sector.

Additional Sales Later in July

Other upcoming debt instruments include:

• A 5-year lease certificate auction on July 21,

• 1-year U.S. dollar-denominated government bond and lease certificate direct sales on July 22.

These moves highlight the Treasury’s efforts to diversify its debt portfolio while navigating a complex repayment schedule.