Debt securities worth 150 million euro are to be offered on the domestic market, the Bulgarian National bank has announced.
The securities have a maturity of 10.5 years. This will be the first emission during the term of office of the new caretaker Minister of Finance Valeri Belchev. So far, Bulgaria has issued a new 500-million-euro internal debt for 2021, the restriction being 2.2 billion euro.
At the beginning of August, and at the end of the term of office of the previous Finance Minister Assen Vassilev, a new 100-million-euro debt was assumed in 5-year bonds. Their yield was negative.
Bulgaria has the opportunity to reap the full benefits of eurozone membership , but this will require stronger fiscal discipline, effective management of transition risks, and accelerated structural reforms , the International Monetary Fund (IMF)..
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Bulgaria's Ministry of Finance placed 7-year government securities on the domestic market for 300 million leva. (144 million euros) and an interest rate of 3.25%. The submitted purchase orders amounted to 446 million leva with a coverage ratio of 1.49...
Bulgaria has the opportunity to reap the full benefits of eurozone membership , but this will require stronger fiscal discipline, effective management..
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