Bulgaria's Ministry of Finance has issued euro-denominated bonds on the international capital markets in two tranches worth in total 2.25 billion euros, the department announced. One tranche is for seven-year bonds in a volume of 1.5 billion euros and an interest coupon of 4.125%, and the second has a maturity of 12 years, a volume of 0.75 billion euros and an interest coupon of 4.625%.
The debt operation is within the defined maximum amount of BGN 10.3 billion of the new debt that can be assumed in 2022.
Until the time of the issue, the attracted debt financing for this year is in the amount of BGN 1.8 billion and was realized through the placement of government securities on the domestic market.
“The main priorities businesses have – membership of the Eurozone and accession to the Schengen area by land – have receded to the background. They are the motors which can boost the economy, but the fact there is no regular government is an obstacle..
Bulgargaz has reported record interest in its tender for the supply of LNG to the Alexandroupolis terminal for January and February 2025. All nineteen bidders met the criteria set by the company and have been approved to participate in the next..
The Russian state oil company Lukoil has plans to sell its Bulgarian refinery Neftochim based in Burgas on the Black Sea Coast. It is the largest in the Balkans, writes the Financial Times . The deal is expected to be announced by the end of..
The final price at which Bulgargaz will sell natural gas in December to end suppliers and to persons with a license for the production and transmission..
Urgent reform of Bulgaria's planning districts is needed, local authorities insist.The current regionalization shows increasing economic imbalances in..
Mostly Cloudy
Rain
Scattered showers
Cloudy
Snow
Rain / Snow
Cloudy