Text size

Bulgaria takes on new debt of 3 billion euros and 1.5 billion dollars

published on 8/29/24 6:30 PM

Photo: BGNES

Bulgaria has taken on new foreign debt of 3 billion euro and 1.5 billion US dollars, the Finance Ministry has announced. The triple tranche of Bulgarian bonds has sparked great interest among investors, allowing the country to secure extremely favourable terms, reports BNR financial reporter Marta Mladenova. For the first time in 20 years, Bulgaria is offering bonds denominated in US dollars. This transaction is in line with the main objectives of debt management in 2024: to raise the necessary funds to refinance outstanding debt, finance planned budget deficits and ensure the liquidity position of the fiscal reserve.

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

Radio Bulgaria Economy bulgaria economy foreign debt

More from category

Two opposition parties call on the state to acquire Lukoil

"The state should buy Lukoil. Then it can look for partners if it wants. If it wants to operate it on its own, that’s fine too. Bulgarians should have cheap fuel", the leader of DPS-New Begining Delyan Peevski told journalists in parliament...

published on 1/29/25 11:58 AM

Bulgaria, Bulgarians and the stir in the world of cryptocurrencies

A few hours before being sworn in for the second time as President of the United States, Donald Trump shocked the international community with the news that he was launching his own cryptocurrency, called $TRUMP. A precedent that provoked many questions..

published on 1/29/25 10:30 AM

CITUB: The poorest people in Bulgaria will grow poorer, and faster than before

The financial situation in the country is critical, Finance Minister Temenuzhka Petkova says. Which means that the good news – the slowing inflation rate (on an annual basis) and Bulgaria’s full accession to the Schengen area at the beginning of the..

published on 1/28/25 12:58 PM

WEATHER

Pick city: Sofía

Snow
Min: -3 | Max: -1

BULGARIA IN PICTURES

Which world-famous Bulgarian artist designed QSL cards for Radio Bulgaria?

The turnover of retail chains dropped by almost 29% on the day of the boycott

Bulgaria’s Minister of Finance Temenuzhka Petkova said that the turnover of large retail chains in Bulgaria decreased by 28.8% on the day of the boycott..

published on 2/15/25 2:22 PM

Share