Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

The state refuses to sell undervalued bonds worth 100 million euros

Photo: BGNES

Bulgaria's Finance Ministry has not accepted the auction of five-year bonds held by the Bulgarian National Bank (BNB). At the sale of debt securities on January 15, 2020 a price of 99.66 euros for a face value of 100 euros was achieved, which is an annual yield of 0.56%. 
The auction involved 9 dealers with orders with a total par value of EUR 134 623 300. No non-competing orders have been submitted. The achieved coverage ratio is 1.32. 
The Finance Ministry considers investors' proposals unprofitable and all orders have been rejected, the BNB reported. It was decided to offer additional quantities of the issue at an auction principle.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Bulgaria’s Parliament adopts conclusively the Law on the Introduction of the Euro

Without discussion and debates, the parliament adopted conclusively the Law on the Introduction of the Euro in Bulgaria. 167 MP from GERB-SDS, the Movement for Rights and Freedoms (DPS) and We Continue the Change-Democratic Bulgaria voted in..

published on 8/8/24 8:40 AM
Paul Cameron in Burgas

Burgas Airport welcomes its one millionth passenger

Paul Cameron from London has turned out to be the one millionth passenger for 2024 at Burgas Airport, and his landing turned into a real celebration, BNT reported.  He and his wife Cindy arrived on a charter flight from Gatwick Airport and were..

published on 8/7/24 10:27 PM

Belene equipment will not be used for Kozloduy NPP

With the votes of GERB-SDS, PP-DB and MRF, the National Assembly rejected the proposal of BSP for Bulgaria that part of the equipment for Belene NPP be used to replace the 3rd steam generator of the 6th unit of Kozloduy NPP, which is constantly failing...

published on 8/7/24 6:02 PM