The Treasury borrowed 26.7 billion lira through two bond auctions.

In the first tender, the Ministry carried out the first issuance of CPI-indexed government bonds with a maturity of 5 years (1820 days), a real coupon payment of 3.06 percent every 6 months. The real simple interest in the tender was 6.11 percent and the real compound interest was 6.21 percent. In the tender where the nominal bid reached 6 billion 602 million liras, nominal sales were 1 billion 350 million liras and net sales were 1 billion 350.5 million liras. In the tender where all of the 13 billion liras bids from the public were met, 3 billion 596.2 million liras were offered from market makers and 2 billion liras were sold to this segment. In the second tender, the first issuance of a fixed coupon government bond with a maturity of 10 years (3640 days), a real coupon payment of 15.03 percent every 6 months was signed. The simple interest in the tender was 29.86 percent and the compound interest was 32.09 percent. In the tender where the value reached 30 billion 517.6 million lira, nominal sales were 6 billion 358 million lira and net sales were 6 billion 397.1 million lira. In the tender where no bids were received from the public, bids of 15 billion 669.2 million lira were received from market makers and 4 billion lira were sold to this segment. Thus, the Treasury borrowed 26 billion 747.6 million lira in the two bond auctions it held.