Şimşek: We will continue our efforts to increase liquidity in the bond market.

Foreks - Minister of Treasury and Finance Mehmet Şimşek stated that steps will continue to increase liquidity in the Turkish lira bond market for healthier market functioning. A source close to the matter informed ForInvest News that the economic management has initiated efforts to strengthen the operational dynamics of the bond market and aims to boost the declining liquidity in the Turkish lira bond market over the past week through coordinated actions among institutions.

In this context, the Central Bank of the Republic of Turkey (CBRT) has launched a direct purchase tender for TLREF-indexed bonds. A total of 3.72 billion TL was transacted in direct purchase tenders for bonds with ISIN codes TRT060928T11, TRT061228T16, and TRT070329T15. It is noted that tenders are expected to continue in the upcoming period.