Text size

Bulgaria takes a new national debt

published on 9/19/22 1:12 PM

Photo: Archive

On September 19, the Bulgarian National Bank (BNB) announced a tender procedure for the taking of internal debt of 100 million euros. The bonds of the Ministry of Finance have a maturity of 10.5 years and an interest rate of 2.25 percent. For this purpose, an issue from January 2016, maturing on July 27, 2026, will be reopened, the BNB announced.

In April, Bulgaria's Ministry of Finance rejected already submitted orders for the assumption of a debt of 250 million euros with a maturity of one and a half years and an interest rate of 1.5%

Since the beginning of the year, Bulgaria has taken on internal debt to the tune of 900 million euros and 1.225 billion euros from the foreign market.

According to the law on the state budget, in 2022 Bulgaria can take on a debt of over 5 billion euros.

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

Radio Bulgaria Economy BNB Bulgarian National Bank debt internal debt Ministry of Finance

More from category

Bulgaria’s debt for 2024 amounts to 24.1% of the GDP

Bulgaria’s debt for 2024 amounts to BGN 48.846 billion (EUR 24 billion), or 24.1% of the country’s GDP, preliminary data from the National Statistical Institute (NSI) show. In 2023, the country's debt was BGN 42.383 billion (EUR 20.8 billion), or..

published on 4/22/25 12:16 PM

62% of Bulgarian workers earn less than the living wage

A working individual living in a one-person household needs a net monthly income of 1,521 BNG (EUR 747) to cover basic needs. A three-member household needs 2,738 BGN (EUR 1,344). The income needed to cover minimum living costs increases by..

published on 4/22/25 11:21 AM

"Flower in a Test Tube" – a biotechnology startup that tells the story of the power of the human spirit

"Flower in a Test Tube" is an innovative project that creates a new product using plant biotechnology. But it does more than that—it tells a story about the power of the human mind and heart. The idea comes from Petar Neftelimov, a young man born with..

published on 4/18/25 7:05 AM