Macro Indicators

9/3/2018

Treasury’s Financing Program for the Period of September – November 2018

The Treasury will realize a debt service of TL 51 billion in the 3-month period of September-November - The Treasury will make a domestic borrowing of TL 34.6 billion to finance the debt payments – Also, resources amounting to TL 16.4 billion are planned to be acquired from resources beyond borrowing procedures…

The Undersecretariat of Treasury has disclosed the financing program for the period of September-November 2018. The Treasury will make a domestic debt payment of TL 32.8 billion and a foreign debt payment of TL 18.3 billion in the period of September-November totaling to TL 51 billion. The Treasury will make a domestic borrowing of TL 34.6 billion to finance the debt service covering TL 16.4 billion of the total amount from resources beyond borrowing procedures such as revenues from sales of 2B land, revenues obtained from the Saving Deposit Insurance Fund, the recurrent guaranteed debt redemption schedule, cash/bank exchange and currency rate differences.

The Treasury has not planned a foreign borrowing but changes can occur in foreign borrowing amounts and resources beyond borrowing procedures if additional loans are provided from international institutions or international markets. The Treasury will cover TL 21.9 billion of a total borrowing amount of TL 34.6 billion from bonds issued to the market, TL 2.4 billion from Leasing Certificates and TL 10.3 billion by means of sales to the public.

The Treasury will make a new domestic borrowing of TL 8.7 billion in September

TL 7.9 billion of a total debt service of TL 13.2 billion of the Treasury in September 2018 will consist of domestic debt payments and TL 5.4 billion of foreign debt payments.

The Treasury will make a new total domestic borrowing of TL 8.7 billion in September, namely TL 3.6 billion by means of bonds issued to the market, TL 1.1 billion from Leasing Certificates and TL 4 billion by means of sales to the public. Besides these, a borrowing of TL 4.5 billion will be made from foreign resources.

The Treasury will make a new domestic borrowing of TL 3.5 billion in October

TL 3.2 billion of a total debt service of TL 13.3 billion of the Treasury in October 2018 will consist of domestic debt payments and TL 10.1 billion of foreign debt payments.

The Treasury will make a new domestic borrowing of TL 3.5 billion in October, namely TL 1.9 billion by means of bonds issued to the market and TL 1.6 billion by means of sales to the public. There will be no borrowings by means of Leasing Certificates. Besides these, a borrowing of TL 9.8 billion will be made from foreign resources in October.

The Treasury will make a new domestic borrowing of TL 22.4 billion in November

TL 21.7 billion of a total debt service of TL 24.5 billion of the Treasury in November 2018 will consist of domestic debt payments and TL 2.8 billion of foreign debt payments.

The Treasury will make a new total domestic borrowing of TL 22.4 billion in November, namely TL 16.4 billion by means of bonds issued to the market, TL 1.3 billion from Leasing Certificates and TL 4.7 billion by means of sales to the public. Besides these, a borrowing of TL 2.1 billion will be made from foreign resources.