Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Bulgaria with new debt of 255 million euros

Photo: Ani Petrova

On November 22, the Bulgarian National Bank held an auction for the sale of government bonds with a maturity of 7.5 years and a fixed annual interest rate of 0.25%. The state loan totals 255 million euros.

In 2021, the Ministry of Finance already took a debt of 1.7 billion euros with a set limit in the state budget of 2.3 billion euros. Emissions are only on the domestic market although there are no legal restrictions on entering foreign markets. The main buyers of debt are Bulgarian banks and pension funds. Borrowing new loans is explained by the expected budget deficit at the end of the year. Following the last budget update from the previous 46th parliament, the year should end with a 2.4 billion-euro deficit in the treasury.




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

Caretaker Minister of Finance Lyudmila Petkova

Finance Ministry: The remaining EUR 63.9 million under the so-called ''Ukrainian aid'' will be paid by the end of November

The remaining BGN 125 million (EUR 63.9 million) under the so-called ''Ukrainian aid'' will be paid by the end of November, caretaker Deputy Premier and Minister of Finance Lyudmila Petkova told journalists after a meeting with representatives of the..

published on 10/10/24 4:32 PM

Bulgarian farmers to receive EUR 102 million under the so-called "Ukrainian aid"

On October 10, farmers will receive transfers totaling BGN 200 million (EUR 102 million) under the so-called "Ukrainian aid", announced caretaker Minister of Agriculture and Food Georgi Tahov. At a meeting with representatives of the agricultural..

published on 10/10/24 1:02 PM
Vladimir Malinov

LNG terminal in Alexandroupolis is already contributing to competitiveness, says Bulgarian energy minister

The liquefied natural gas (LNG) terminal at Alexandroupolis, of which Bulgaria is co-shareholder, is already contributing to competitiveness in Greece and Bulgaria, but also in the entire region, said caretaker Energy Minister Vladimir Malinov after..

published on 10/9/24 11:45 AM