Daily webcast

Bulgarian National Radio © 2021 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

Average day-ahead price of electricity in Bulgaria jumps to over 200 euros

The average price of electricity for Thursday on European energy exchanges reached 190.06 euros per megawatt-hour. In Bulgaria the price jumped to 201.74 euros. In 4 more countries the price exceeded 200 euros per megawatt-hour. This is shown by..

published on 11/10/21 7:05 PM

Pension expenditure increases by nearly EUR 450 million

Bulgaria’s caretaker cabinet approved a report on the implementation of the state budget for the first 9 months of 2021. At the end of September, the fiscal surplus exceeded EUR 500 million. According to this country’s Ministry of Finance, revenue..

published on 11/10/21 10:37 AM

Bulgaria may start 2022 without state budget, expert warns

The lack of a regular parliament puts the state at risk of starting the new year without a budget, Petar Ganev, a senior researcher at the Institute for Market Economics, has told the BNR. According to law, the budget for 2022 must..

published on 11/9/21 11:13 AM
Подкасти от БНР