The Ministry of Treasury and Finance has completed its eurobond issuance with a borrowing of 2.25 billion dollars for a 2029 maturity bond. According to the statement by the Treasury, the coupon rate for the bond issuance was 9.375%, while the yield rate was 9.50%. The issuance attracted demand from nearly 200 investors for more than three times the amount issued. 35% of the bond was sold to the United Kingdom, 21% to the United States, 19% to Turkey, 14% to other European countries, 10% to the Middle East, and 1% to other countries. With this bond issuance, a total of 5 billion dollars of financing was obtained from the international capital markets in 2023.
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