According to data released by the Central Bank of the Republic of Turkey (CBRT) on Wednesday, short-term foreign debt in Turkey's private sector in November hit the lowest level in the last five years at $21.9 billion, with a decrease of $22.4 billion compared to the end of 2014.

This figure was the lowest since February 2011.

As of November, the remaining non-interest repayments by the private sector for one year stood at $68.7 billion.

Long-term foreign debt in the private sector increased by $22.2 billion compared to 2014 and reached $189.8 billion in 2015.

Borrowing from banks via loans increased by $17.8 billion and $828 million through bond issues.

In the same period, borrowing by non-banking financial institutions through loans decreased by $554 million, and bond stocks increased by $279 million to $3.4 billion.

Loans by non-financial corporations increased by $2.9 billion, and bond stocks increased by $736 million to $5.7 billion.

Both for long- and short-term profits, debt on the U.S. dollar, which has gained around 30 percent value against the Turkish lira over the past 12 months, constituted more than 60 percent of all debt.