The central government central government gross debt stock rose by 0.8% m/m and 8.1% y/y to TRY 576.2bn (EUR 213.1bn) at end-September from TRY 571.6bn at end-August and TRY 533.2bn at end-September 2012, data of the Treasury showed on Monday.
TRY 407.9bn of the debt stock is denominated in local currency and TRY 168.2bn is denominated in foreign currencies, the Treasury said.
Domestic debt stock increased from TRY 404.4bn at end-August to TRY 408bn at end-September while foreign debt stock rose from TRY 167.2bn to TRY 168.2bn, data also showed.
The central government debt stock stood at TRY 532.2bn at end-2012 and at TRY 518.4bn at end-2011.
Turkey is preparing to raise its debt limit for the first time since 2009 after first-half borrowing left the Treasury near its legal ceiling, Bloomberg reported on July 25. Citing a person with ... more
Turkey’s Enerjisa, Memorial Health Group, Tab Gida and Baskent Gaz are considering public offerings in London or Istanbul, unnamed sources told Bloomberg on July 19. Enerjisa, a 50:50 JV ... more
Turkey has arrested and deported thousands of people suspected of having links to the Islamic State group according to a Turkish interior ministry report entitled “Turkey’s Fight ... more