A new EUR 250 million government debt was assumed on 21 March, at average annual yields of 1.33%, the Bulgarian Ministry of Finance has announced.
Securities maturing on 24 May, 2029 were sold at the auction. Bonds with the same 7.5-year maturity were sold on 22 November 2021, at an interest of 0.49%. Now, investors want a 2.7 times higher performance to finance the government. The loan was taken out because of an urgent need of cash for paying an old Eurobond issue worth EUR 1.25 billion on 26 March. Raising the money needed literally several days earlier places investors in a better position to demand a higher return on their money.
Bulgaria’s industry is being transformed in the direction of high added value productions, reads an analysis by the Institute for Market Economics. This tendency is best manifested in computer science, electronics and optics which account for the..
Acceleration of inflation to 1.1% in October compared to the previous month was registered by the National Statistical Institute. On an annual basis, the index is 1.8 percent. In October, the prices of goods and services for..
A working group comprising representatives of employers, trade unions and government experts is discussing the proposals of the Ministry of Labor and Social Policy for introducing a new mechanism to determine the minimum wage. This is happening a day..
The assets of private pension funds have reached EUR 13 billion. According to data from the Financial Supervision Commission, they have increased by..
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