The Turkish Treasury will repay debt of 38.9 billion Turkish liras ($7 billion) in August-October, the Treasury and Finance Ministry announced on Wednesday.
The Treasury will repay 12.7 billion Turkish liras ($2.3 billion) in external debt, including 8.7 billion liras ($1.57 billion) in interest payments.
A total of 26.3 billion liras ($4.74 billion) of domestic debt redemption is also projected, with around 81% of this in interest payments.
According to the ministry's borrowing strategy, the Treasury will borrow 22.2 billion Turkish liras ($4 billion) from domestic markets in the next three months.
The Treasury has projected to hold 12 domestic bond auctions and a direct sale of lease certificates in August-October period.
By Gokhan Ergocun
Anadolu Agency
energy@aa.com.tr