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,..
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..
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..
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..
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..
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..
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..
The Bulgarian National Bank (BNB) expects the trend towards a slowdown in economic growth to stop. In the first half of 2024, the Bulgarian economy is expected to grow supported by the improved prospects for external demand for Bulgarian goods and..
Bulgarians working abroad have sent a record EUR 1.32 billion to their relatives in the country in 2023, official Bulgarian National Bank (BNB) statistics show. Compared to 2022, that is an increase of 25%. This means the sumtotal of the..
The Bulgarian Parliament has adopted the amendments to the Law on the Bulgarian National Bank which regulate the legal integration of the Bulgarian Central Bank into the Eurosystem upon the introduction of the euro as the currency of Bulgaria. The..