Podcast in English
Audio Player
Text size
Bulgarian National Radio © 2025 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

UPDATED Yemen's Houthis release Galaxy Leader crew, including two Bulgarians

Yemen's Houthi rebels from the Ansar Allah group have released the crew of the Galaxy Leader, which was hijacked in the Red Sea in late 2023, BNT reported. The captain and the chief mate are Bulgarian citizens. Reuters reports that the crew was on..

published on 1/22/25 3:55 PM

Prime Minister Zhelyazkov outlines new government's plans to European Commission

"During our meeting with the President of the European Commission, it was crucial to reaffirm the mutual trust between the new Bulgarian government and the new Commission, " said Bulgarian Prime Minister Rosen Zhelyazkov after his meeting with Ursula von..

published on 1/22/25 1:17 PM
Vazrazhane leader Kostadin Kostadinov

Vazrazhdane party threatens to strongly oppose Bulgaria's adoption of the euro

In a statement from the parliamentary rostrum, the leader of Vazrazhdane party, Kostadin Kostadinov, stated that his party would not allow "a national betrayal - Bulgaria's entry into the Eurozone".  According to the politician, Bulgaria..

published on 1/22/25 12:23 PM