Treasury borrowed 46.2 billion lira in the tender it organized

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Lerato Khumalo

The Ministry of Treasury and Finance borrowed 46 billion 161.9 million lira in the government bond auction held today.

In the tender, the first issuance of TLREF-indexed government bonds with a maturity of 4 years (1456 days) and a coupon payment of 12.5 percent every 3 months was made. Periodic interest in the tender was 12.81 percent.

In the tender where the nominal bid was 53 billion 208 million liras, nominal sales were 21 billion 604 million liras and net sales were 21 billion 161.9 million liras.

In the tender where no bids were received from the public, 49 billion 437 million lira offers were received from market makers and 25 billion liras were sold to this sector.

Thus, the Treasury borrowed a total of 46 billion 161.9 million liras.