Within the framework of the 2021 foreign financing program, the Ministry of Treasury and Finance issued a EUR 1.5 billion bond with a maturity of 2027 in euro.
The coupon rate of the bond with a maturity date of 8 July 2027 was 4,375 percent, and the yield rate was 4,50 percent.
For the bond issuance, Bank of America Merrill Lynch, BNP Paribas and
Deutsche Bank was authorized. It was stated that the issue in question was concluded on the same day, and it was announced that the issue amount would enter the accounts on July 8, 2021.
3 times demand
According to the statement made by the Ministry of Treasury and Finance, more than 100 investors demanded 3 times the issuance amount.
27 percent of the bond was sold to investors in the UK, 23 percent in Turkey, 20 percent in the USA, 19 percent in other European countries, 10 percent in the Middle East and 1 percent in other countries.
With this bond issuance, approximately $7.78 billion in financing was obtained from international capital markets in 2021.