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Inflation has led to higher turnover and a demand for new 100 and 50-Leva bills

During the first 9 months of 2024, the Bulgarian National Bank has put an additional 11 million 100-Leva banknotes into circulation in the country. At the beginning of the year, there were more than 131 million 100-Leva bills in circulation..

30.10.24 08:49 |

The Bulgarian National Bank has lowered the base interest rate

The Bulgarian National Bank has lowered the base interest rate for the second consecutive month. As of August 1, it stands at 3.53%, down from 3.63% in July. Since the end of 2023, the base interest rate has been gradually falling. From February..

01.08.24 11:39 |
Andrey Gyurov

BNB wants the court and the parliament to rule on the case involving Deputy Governor Andrey Gyurov

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..

17.07.24 09:23 |

BNB sets base interest rate at 3.63% as of July 1

The Bulgarian National Bank (BNB) announced that it is lowering the base interest rate to 3.63% as of July 1. In May and June, the base interest rate was 3.78%. Bulgaria is in a currency board and the Bulgarian lev is pegged to the euro. Therefore,..

01.07.24 08:52 |
Bulgarian National Bank building

Within the framework of the budget deficit the government takes on new 3-year debt

The Bulgarian National Bank held an auction for the sale of securities with 3-year maturity at a 3% interest rate. At the auction, the Ministry of Finance offered bonds worth EUR 150 million. Interest will be paid once in 6 months, with the loan..

28.05.24 09:19 |

BNB tightens control over mortgage lending

The Governing Council of the Bulgarian National Bank (BNB) has ordered banks in the country to apply a minimum set of 6 indicators for monitoring credit standards when granting and renegotiating loans secured by residential real estate . The aim is to..

21.05.24 08:53 |

BNB draws on Croatia's experience with the introduction of the euro

The Governor of the Bulgarian National Bank (BNB) Dimitar Radev participated in a meeting with the Governor of the Croatian National Bank Boris Vujčić  and the Governor of the National Bank of the Czech Republic Aleš Michl .  During the..

07.05.24 13:06 |
Bulgarian National Bank building

EUR 102 million in new debt will probably be taken out in mid-May

200 million Leva (over EUR 102 million) of new debt is expected to be taken out on 13 May this year, according to the Bulgarian National Bank website. This is the date on which an auction has been announced for 6-month treasury bonds with an annual..

27.04.24 16:24 |
Dimitar Radev

Dimitar Radev: Joining the Eurozone later in 2025 is a possible scenario

Joining the Eurozone later in 2025 is a possible scenario, and at this stage, it is a more likely one, Bulgarian National Bank Governor Dimitar Radev said for BTA in Washington during the Spring Meetings of the World Bank Group and the International..

18.04.24 10:27 |

BNB puts into circulation a commemorative coin dedicated to the 125th anniversary of Pancho Vladigerov’s birth

The Bulgarian National Bank is putting into circulation a copper commemorative coin on the 125 th anniversary of the birth of Pancho Vladigerov, the Central Bank announced. The coin is from the "Bulgarian artists" series. The face value of the..

11.03.24 07:30 |
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