Bulgaria's Ministry of Finance has issued euro-denominated bonds on the international capital markets in two tranches worth in total 2.25 billion euros, the department announced. One tranche is for seven-year bonds in a volume of 1.5 billion euros and an interest coupon of 4.125%, and the second has a maturity of 12 years, a volume of 0.75 billion euros and an interest coupon of 4.625%.
The debt operation is within the defined maximum amount of BGN 10.3 billion of the new debt that can be assumed in 2022.
Until the time of the issue, the attracted debt financing for this year is in the amount of BGN 1.8 billion and was realized through the placement of government securities on the domestic market.
The caretaker government has instructed Deputy PM and Minister of Finance Lyudmila Petkova to submit, by 11 September, a proposal for amending the REpowerEU chapters of the recovery and resilience plan. This is being done so as to make the..
Andrey Gyurov will cease to perform his duties as Deputy Governor in charge of the Issue Department and Member of the Governing Council of the Bulgarian National Bank (BNB) until the court and parliament make a decision, the BNB announced. The..
The direct losses for Bulgaria from the delayed full accession to the Schengen Area amount to EUR 424 million, caretaker Minister of Economy Petko Nikolov said . He quoted a report by the Economic Research Institute at the Bulgarian Academy of..
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