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

Bulgaria takes on new foreign debt of 1.5 billion euros

Bulgarian National Bank
Photo: Ani Petrova, BNR

Bulgaria surprisingly came out with an issue of ten-year euro bonds on the international markets as on January 17, in one day, the Bulgarian National Bank announced and sold the entire circulated debt. 

The financier Nikolay Vanov commented for the BNR that the window for raising debt on the foreign market is very successful, because there has been a drop in interest rates on government securities for 3 months now. 

According to him, Bulgaria has a serious increase in GDP, which is ahead of the increase in foreign debt, therefore Bulgarian securities have been placed more successfully than Romanian and Croatian securities. 




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

Employers and trade unions discuss the mechanism for determining the minimum wage

A working group comprising representatives of employers, trade unions and government experts is discussing the proposals of the Ministry of Labor and Social Policy for introducing a new mechanism to determine the minimum wage. This is happening a day..

published on 11/14/24 9:31 AM
Stanislav Popdonchev

Businesses are worried the political crisis is hampering the country’s development, says BIA Vice President

“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..

published on 11/12/24 10:00 AM

Bulgargaz LNG tender for January and February next year attracts record interest

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..

published on 11/9/24 2:43 PM