May 12 (SeeNews) - Turkey's finance ministry said it has sold one-year Treasury bills and seven-year floating rate Treasury notes worth a total of 6.12 billion lira ($867 million/802 million euro) in two auctions held on May 11.
The finance ministry sold 2.56 billion lira worth of fixed-coupon Treasury bonds by reopening an issue with a maturity date of September 22, 2021, it said in a statement on Monday.
Bids for a total of 4.82 billion lira worth of government securities were submitted in the bond auction in which the acceptance rate was 53.2%. The accepted term rate was 4.36%.
The finance ministry also sold 3.56 billion lira worth of floating rate notes with a term rate of 4.90% that will mature on May 5, 2027.
Bids for a total of 8.72 billion lira worth of T-notes were submitted in that auction, in which the acceptance rate was 40.9%.
(1 euro = 7.63236 Turkish lira)