Text size

Bulgaria takes on new foreign debt of 1.5 billion euros

published on 1/18/23 11:25 AM

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.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria Economy BNB Bulgarian National Bank debt external debt foreign debt

More from category

Business consumers to be compensated for high energy costs

All non-household consumers will be compensated for the high cost of electricity by the end of the year, the government has decided. The European Commission has given the green light for the subsidy, the energy minister said. According to..

published on 9/18/24 3:06 PM

Romania launches feasibility study for the construction of a second bridge over the Danube River between Giurgiu and Ruse

The Romanian National Company for Road Infrastructure Administration (CNAIR) has announced a tender for a feasibility study for the construction of a new bridge over the Danube River between Giurgiu in Romania and Ruse in Bulgaria, reports..

published on 9/17/24 10:05 AM

The Sumitomo Electric Bordnetze factoriy in Mezdra, Bulgaria.

Japanese cable factory moves production out of Bulgaria, citing high costs

Japan's Sumitomo Electric Bordnetze plans to cease operations at one of its factories in Bulgaria, located in Mezdra, by 2025. Its second factory in Karnobat will continue to operate at reduced capacity, BTA reported. The decision comes as the company..

published on 9/15/24 5:00 PM