The Turkish Treasury borrowed 1.95 billion Turkish liras ($377.7 million) from domestic markets on Monday, according to an official statement.
The Treasury Undersecretariat said an auction was held for 10-month, zero-coupon government bonds -- re-open, third issue.
The government bonds will be settled on Wednesday and mature on June 12, 2019.
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According to the Treasury, the total tender amounted to around 3.8 billion Turkish liras (nearly $734.9 million), with a 51.4 percent accepted/tendered rate.
The Treasury said the interest rate of 308-day bonds was accepted at a 16.37-percent term rate, while annual simple and compound interest rates stood at 19.34 and 19.62 percent, respectively.
The Treasury is set to hold two more auctions on Tuesday.
