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BNB to issue non-investment gold coins

Photo: BGNES-archive

The Bulgarian National Bank (BNB) has not declared as its goal the creation of a "Bulgarian investment gold coin", the treasury said. BNB announced that in 2024 it will release gold coins without pre-specified mintage. In some parameters, these coins have similarities with investment gold coins issued by major mints, such as the Austrian Philharmonic, the American Eagle, the South Africa Krugerrand, etc.

"As of 2024, BNB will introduce a new practice. Each year it will mint up to 4 commemorative coins that have no pre-specfied mintage. These gold coins have a 999 to 1,000 gold purity, a face value of BGN 10, 20, 50 and 100, and different weight set to correspond to fractions of an ounce, as is the international practice, BNB announced.




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