Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

The state refuses to sell undervalued bonds worth 100 million euros

Photo: BGNES

Bulgaria's Finance Ministry has not accepted the auction of five-year bonds held by the Bulgarian National Bank (BNB). At the sale of debt securities on January 15, 2020 a price of 99.66 euros for a face value of 100 euros was achieved, which is an annual yield of 0.56%. 
The auction involved 9 dealers with orders with a total par value of EUR 134 623 300. No non-competing orders have been submitted. The achieved coverage ratio is 1.32. 
The Finance Ministry considers investors' proposals unprofitable and all orders have been rejected, the BNB reported. It was decided to offer additional quantities of the issue at an auction principle.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Rosen Zhelyazkov

Prime Minister urges ministers for solutions, not excuses

Bulgaria’s Prime Minister Rosen Zhelyazkov called on ministers to focus on solutions rather than excuses, warning of targeted actions aimed at destabilising the political environment . Speaking at the start of a cabinet meeting, Zhelyazkov..

published on 10/8/25 3:04 PM
Borislav Gutsanov

Government approves up to €3,800 to households hit by floods

Bulgaria’s government on Wednesday approved funding of up to €3,800 per household to support families affected by recent floods , Labour and Social Policy Minister Borislav Gutsanov said. Families will receive €1,530 in additional support if their..

published on 10/8/25 2:14 PM

Borisov on his meeting with Trump Jr: Private meetings with the children of my friends

The leader of the largest parliamentary party GERB commented on his meeting with Donald Trump Jr., which sparked wide media attention in Bulgaria: ''Private meetings with the children of my friends, at an informal lunch which led to nothing-we just..

published on 10/8/25 12:19 PM