Turkish Treasury to Hold Three Auctions Next Week

Türkiye’s Treasury is set to conduct three debt auctions next week, as it faces substantial domestic debt repayments.
On June 10, the Treasury will introduce a new Treasury bill with a 9-month maturity (273 days), set to mature on March 11, 2026. This marks the first issuance of this particular security.
On the same day, the government will also reissue two bonds:
-
A fixed-coupon bond with a 4-year term (1,554 days), maturing on September 12, 2029, and paying coupons every six months.
-
A floating-rate note with a 7-year term (2,464 days), maturing on March 10, 2032, also with semi-annual coupon payments.
Over 72 Billion TL in Domestic Debt Redemptions Next Week
According to the Treasury, a total of 72.86 billion Turkish Liras in domestic debt service is scheduled for next week. This includes:
-
66.8 billion TL to the market, and
-
6.06 billion TL to public institutions.
June Borrowing Target Set at Nearly 279 Billion TL
For June 2025, the Treasury has projected:
-
Domestic debt service of 265.6 billion TL, and
-
Domestic borrowing totaling 278.9 billion TL.
This plan reflects Ankara’s continued strategy of slightly over-borrowing to maintain liquidity amid high rollover ratios in public finance.