Minister of Treasury and Finance Mehmet Şimşek responded to the allegations in his post on his social media account by quoting the news of "The largest bond issuance in the history of the Republic from Şişecam".
Minister Şimşek said, "Thanks to increased confidence and predictability, our country provides longer-term and more cost-effective external financing from international markets compared to the past period." A net portfolio inflow of 2023 billion dollars was realized. Foreign debt rollover ratio in banks increased from 2,9 percent to 2023 percent in the same period; In the real sector, it increased from 2024 percent to 16,8 percent. "In the first four months of the year, banks issued 96 billion dollars of eurobonds, of which 149 billion dollars were subordinated capital, and the private sector issued 73 billion dollars of eurobonds," he said.
