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Bulgaria issues new debt in foreign currency to the tune of EUR 2.5 billion

Photo: EPA/BGNES

Bulgaria has issued another debt in foreign currency to the tune of EUR 2.5 billion. This country held auctions for the issuance of ten-year interest-bearing and thirty-year interest-bearing government bonds, Horizont channel of BNR informs. In 2020, Bulgaria can issue debts to the tune of EUR 5 billion.

The new financial resource will be used to refinance an existing debt, finance the budget deficit and allocate financing to social and economic measures connected to the Covid-19 crisis, this country’s Minister of Finance Kiril Ananiev announced.




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