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%.
Bulgaria is making good progress toward joining the Eurozone, as inflation is decreasing towards the threshold set by the criteria, European Bank for Reconstruction and Development President Odile Renaud-Basso said in an interview with BTA. The..
Bulgaria's Ministry of Transport has been working for years to develop Corridor No. 8, connecting the Adriatic with the Black Sea through Albania, North Macedonia and Bulgaria. Of the 1,220 km of railway line along the corridor, 747 km are on the..
A little less than a month ago, Minister of Finance Temenuzhka Petkova presented, in Brussels, the headway Bulgaria has made along the road to joining the Eurozone. There, she stated that with its prudent fiscal policy, the country had earned its..
The Bulgarian National Bank (BNB) has revised upwards its expectations for Bulgarian economic growth in 2025 but lowered its GDP growth forecast for..
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