The Bulgarian National Bank held an auction for the sale of securities with 3-year maturity at a 3% interest rate. At the auction, the Ministry of Finance offered bonds worth EUR 150 million. Interest will be paid once in 6 months, with the loan..
Bulgaria has sold €2.3 billion in bonds on the foreign markets with repayment terms of 7.5 and 12.5 years, Minister of Finance Assen Vasilev has reported. "The emission was extremely successful. There was nearly 3 times more supply..
Bulgaria's debt for 2022 is 19.35 billion euros, or 22.6% of GDP, according to final data from the National Statistical Institute. The institutional sector "General government" reports a budget deficit of BGN -2.05 billion euros or -2.9% of GDP.
Bulgaria retains its second place in the EU among countries with the lowest debt, according to the latest official data from Eurostat from July 2023, Bulgaria's Ministry of Finance announced. At the end of the first quarter of 2023, the general..
"Bulgaria needs to defend an active position regarding the EU fiscal rules reform which appear s to be gaining momentum. As a country with one of the best debt-to-GDP ratios, it should receive support a nd not be penalized, if within one year the..
Bulgaria surprisingly came out with an issue of ten-year euro bonds on the international markets as on January 17 , in one day, the Bulgarian National Bank announced and sold the entire circulated debt. The financier Nikolay Vanov commented for the..
The Bulgarian cabinet has approved a draft law on the bankruptcy of persons, known as the "Personal Bankruptcy Law", announced the Minister of Justice Krum Zarkov. The texts enable bona fide debtors to free themselves from obligations beyond their..
On October 24, the Bulgarian state tried to take a new debt but failed because of unfavorable terms. Securities for over 102 million euros were issued. The investors requested a very high yield and the issue was canceled, Minister of..
On September 19, the Bulgarian National Bank (BNB) announced a tender procedure for the taking of internal debt of 100 million euros. The bonds of the Ministry of Finance have a maturity of 10.5 years and an interest rate of 2.25 percent. For this..
The growth of inflation in August slowed down slightly, according to data of the National Statistical Institute. The rise of the cost of living compared to the same month of 2021 reached 17.7%. The increase compared to the previous..
