200 million Leva (over EUR 102 million) of new debt is expected to be taken out on 13 May this year, according to the Bulgarian National Bank website. This is the date on which an auction has been announced for 6-month treasury bonds with an annual interest rate of 3.25%.
This is the second issue for the year to be auctioned off on the domestic debt market. Three-year bonds worth 200 million Leva were offered in mid-April, which reached a weighted average yield of the issue of 3.01%.
In 2024, Bulgaria has not entered the international markets.
According to the budget, a new debt of 11.7 billion Leva (almost EUR 5.99 billion) can be taken out for the entirety of the year. The country’s indebtedness must not exceed 48 billion Leva (EUR 24.54).
There are over one million inactive persons on the Bulgarian labour market. They don't study, don't work and are not registered with the labour offices. This "army" has huge untapped potential, National Employment Agency Director Smilen Valov said...
According to the European Commission's spring economic forecast for this year, inflation in Bulgaria is expected to reach 3.1 % in 2024 and 2.6 % in 2025 . The anticipated downtrend in external prices is expected to limit inflation in both energy and..
In March 2024, 1,518 people in Bulgaria had deposits of more than BGN 1 million, while in March 2023, 1,277 Bulgarians had such deposits, according to the latest BNB data. Deposits between BGN 200 thousand and BGN 500 thousand grew the most..
According to the European Commission's spring economic forecast for this year, inflation in Bulgaria is expected to reach 3.1 % in 2024 and 2.6 % in 2025..
There are over one million inactive persons on the Bulgarian labour market. They don't study, don't work and are not registered with the labour offices...
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