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

CNN ranks Shopska Salad among the best in the world

Bulgarian Shopska Salad has earned a place among the 24 best salads in the world according to a new ranking published by CNN, BGNES reports. The fresh and colorful dish, beloved throughout Southeast Europe, took its rightful place alongside..

published on 6/19/25 5:27 PM

Zhecho Stankov: Bulgaria has a key role in energy connectivity in the region

In a few weeks, another ship with pipes for the Vertical Gas Corridor will arrive at the port of Burgas, announced Energy Minister Zhecho Stankov at the Burgas 2025 Connectivity Forum . The event brought together diplomats, ministers and leading..

published on 6/19/25 4:56 PM

New medical equipment manufacturing center opened in Plovdiv

A new medical equipment manufacturing center of the Czech company BTL Industries has opened in Plovdiv. The event was attended by President Rumen Radev, who emphasized that "the excellent relations between Bulgaria and the Czech Republic at the highest..

published on 6/19/25 2:58 PM