On January 20th, the BNB held the first auction for 2025 for the issuance of government debt. 3-year securities for 150 million euros were successfully placed at an annual yield of 2.9%. For comparison, last year a 3-year issue was launched on the domestic market several times, with the average yield exceeding 3% at each reopening of the auctions, the BNB reported.
The last time a 3-year issue of government securities was placed was in July 2024, when it achieved a weighted average yield of 3.64%.
The draft budget for 2025 proposes a deficit of 3%. The mid-term budgetary forecast targets a deficit of 3% up until 2028. The government debt is to increase to EUR 41.57 billion by 2028. The size of pension insurance is to be preserved in..
In 2025, the National Health Insurance Fund will be able to spend 1.2 billion leva (EUR 613 million) more on insured individuals, the draft budget of its Supervisory Board envisages. The health insurance contribution remains 8% of the insurable..
Bulgaria will meet the final criterion of price stability for entry into the eurozone by January. After that, politicians are in charge, Bulgarian National Bank Governor Dimitar Radev has told BNT. "Politicians must try to get the..
Bulgaria is making the necessary progress towards adopting the euro, according to representatives of the European institutions whom Finance Minister..
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