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Bulgaria takes on new foreign debt of 1.5 billion euros

Bulgarian National Bank
Photo: Ani Petrova, BNR

Bulgaria surprisingly came out with an issue of ten-year euro bonds on the international markets as on January 17, in one day, the Bulgarian National Bank announced and sold the entire circulated debt. 

The financier Nikolay Vanov commented for the BNR that the window for raising debt on the foreign market is very successful, because there has been a drop in interest rates on government securities for 3 months now. 

According to him, Bulgaria has a serious increase in GDP, which is ahead of the increase in foreign debt, therefore Bulgarian securities have been placed more successfully than Romanian and Croatian securities. 

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