Podcast in English

Bulgarian National Radio © 2022 All Rights Reserved

Government issues zero-interest internal debt bonds

Photo: archive

100 million euros worth of internal debt in government bonds is being offered to investors. This is the first debt issuance since the spring of 2021, and in the term of office of caretaker Minister of Finance Assen Vassilev. The bonds are with a zero interest rate, but they are being purchased by investors - mostly by banks and funds because they are a reliable instrument which is better than the negative interest rates of financial institutions.  

In 2021 Bulgaria issued 400 million euro’s worth of debt on the domestic market. The debt maximum in the state budget for the year is 2.3 billion euro, but experts say that it is hardly likely that this threshold will be reached by the end of the year.

More from category

Institute for Market Economics presents its ideas for an alternative state budget

The Institute for Market Economics, IME, presented its traditional alternative budget for 2022, the first time it is doing so without the existence of a new budget framework. The cabinet has projected inflation of 5%, GDP growth of 4.9% and a budget..

published on 1/20/22 12:06 PM

Poultry farming remains most popular in Bulgarian animal husbandry

The number of sheep in Bulgaria has been declining. At the moment, it is about 987,000, while three years ago the number of sheep reached 1.3 million. This is shown by the statistics from the open data portal, reporter Veselina..

published on 1/16/22 10:54 AM

Bulgarian greenhouses need urgent state help

Over 70% of Bulgarian greenhouses are heated by gas and currently the industry is on the verge of collapse. Greenhouses in Bulgaria have been closing en masse since November and foreign products have been conquering the market. At the moment..

published on 1/11/22 2:15 PM
Подкасти от БНР