May 13 (SeeNews) - Turkey's finance ministry said it has sold three-year TLREF-indexed government bonds and eight-year CPI-indexed bonds worth a total of 8.66 billion lira ($1.2 billion/1.1 billion euro) in two auctions held on May 12.
The finance ministry sold 5.03 billion lira worth of three-year TLREF-indexed bonds by reopening an issue with a maturity date of June 21, 2023, it said in a statement on Tuesday.
Bids for a total of 8.8 billion lira worth of government securities were submitted in the bond auction in which the acceptance rate was 57%. The accepted term rate was 2.58%.
The finance ministry also sold 3.63 billion lira worth of CPI-indexed bonds by reopening an issue that will mature on June 28, 2028.
Bids for a total of 6.17 billion lira worth of government securities were submitted in the bond auction in which the acceptance rate was 58.9%. The accepted term rate was 1.24%.
(1 euro = 7.58222 Turkish lira)