Debt securities worth 150 million euro are to be offered on the domestic market, the Bulgarian National bank has announced.
The securities have a maturity of 10.5 years. This will be the first emission during the term of office of the new caretaker Minister of Finance Valeri Belchev. So far, Bulgaria has issued a new 500-million-euro internal debt for 2021, the restriction being 2.2 billion euro.
At the beginning of August, and at the end of the term of office of the previous Finance Minister Assen Vassilev, a new 100-million-euro debt was assumed in 5-year bonds. Their yield was negative.
Moody's expects Bulgaria to join the Eurozone no later than the beginning of 2026. According to the rating agency, the growth of the Bulgarian economy in 2024 will be 2.9%. The ongoing domestic political crisis and the likelihood of new early elections..
Until the end of 2024, businesses will continue to receive compensations for high electricity prices. They will be 100% after a price of over 90 euros per megawatt hour on the stock exchange. The previous threshold was 100 euros. The..
Deposits in banks for the first quarter of 2024 have reached a record level of 75.4 billion euros. From January to March, deposits grew by EUR 1.35 billion or by 1.8%. The rise is mainly due to increased household deposits, the..
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