The institution which is authorized for public borrowing and debt is the Ministry of Treasury and Finance. In article 217 on the duties of the Ministry of Treasury and Finance it is clearly stated that to carry out treasury operations; to find the cash that is required for the expenditures of the State; to carry out the domestic borrowing operations of the State; to issue government bonds, treasury bills and other domestic borrowing instruments; to create a database for Turkey’s foreign debts is the authority and duty of the Ministry of Treasury and Finance. To print and circulate banknotes is the responsibility of the Central Bank.