The Bulgarian National Bank is holding an auction for the sale of ten-year treasury bonds to the tune of EUR 250 million. The bonds are expected to carry an annual coupon of 0%.
Since the beginning of 2021, Bulgaria has sold government bonds amounting to EUR 900 million. The debt ceiling set in the 2021 state budget is EUR 2.25 billion. The debt ceiling remained unchanged after the amendment of this year's state budget. This country’s caretaker government is borrowing capital to cover the expected budget deficit.
Moody's Ratings has affirmed Bulgaria's long-term and short-term rating at Baa1 with a stable outlook. The affirmation of Bulgaria's Baa1 rating reflects the rating agency's expectations that Bulgaria's debt and creditworthiness indicators will remain..
On January 27th, government securities for 150 million euros (300 million leva) will be offered on the domestic market , the Bulgarian National Bank (BNB) announced. The bonds will have a maturity of 7 years and an annual interest rate of 3.25%. On..
Bulgaria is making the necessary progress towards adopting the euro, according to representatives of the European institutions whom Finance Minister Temenuzhka Petkova met with. This progress will allow Bulgaria to request extraordinary convergence..
Bulgaria’s Minister of Finance Temenuzhka Petkova said that the turnover of large retail chains in Bulgaria decreased by 28.8% on the day of the boycott..
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