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Bulgarian National Bank puts new 10 Leva banknote into circulation

The Bulgarian National Bank will put a new 10 Leva banknote into circulation on June 12, 2020. The overall design of the banknote will not be subject to any significant changes as compared to the 10 Leva banknotes which are already in..

22.05.20 15:03 |

The state refuses to sell undervalued bonds worth 100 million euros

Bulgaria's Finance Ministry has not accepted the auction of five-year bonds held by the Bulgarian National Bank (BNB). At the sale of debt securities on January 15, 2020 a price of 99.66 euros for a face value of 100 euros was achieved, which is an..

28.04.20 16:06 |
Bulgarian National Bank

Bulgarian National Bank: Bulgaria's government debt is 8.3 percent of GDP

The Bulgarian National Bank reports that the gross external debt of the State Governance sector at the end of February 2020 amounted to EUR 5 423.3 million or 8.3 per cent of the country's Gross Domestic Product (GDP) and decreased by EUR 4.3 million..

28.04.20 13:04 |

ECB and BNB set up EUR 2 billion swap line

The European Central Bank (ECB) and the Bulgarian National Bank (BNB) set up a swap line for EUR 2 billion. Under the agreement the Bulgarian National Bank will be able to borrow up to EUR 2 billion from the ECB in exchange for..

23.04.20 07:47 |
Bulgarian National Bank

Good payers given the right to defer loan payments

The management board of the Bulgarian National Bank has approved a procedure for deferring and settling outstanding liabilities to commercial banks in light of the state of emergency introduced in Bulgaria on March 13, 2020 . According to the document,..

10.04.20 17:22 |

New government debt to be issued on April 13

The Bulgarian National Bank has announced that a new debt to the tune of EUR 100 million from the domestic market is to be issued. Unlike the last issue on April 6, when the bonds has a 5 -year maturity period, the new securities will be for 10 and a..

07.04.20 11:24 |

Commercial banks in Bulgaria have 5 days to decide on payment moratoria

Bulgaria's central bank BNB has adopted the guidelines approved by the European Banking Authority for private moratoria on payments in light of the Covid-19 crisis. Payment moratoria are seen as an effective tool to address short-term liquidity..

03.04.20 14:52 |
Dimitar Radev

BNB: Banking sector in Bulgaria is stable

Bulgarian National Bank governor Dimitar Radev stated that the banking system in the country is stable and investors can rest assured that their money has been invested safely, and borrowers – that they can rely on a rescheduling of installments..

30.03.20 08:11 |

Bulgarian National Bank to introduce moratorium on bank loan payments

The Bulgarian National Bank is to come up with criteria for public and private moratoriums on bank loan payments. The decision will be based on criteria developed by the EU Single Banking Authority, the BNB said. The measure aims to limit the economic..

25.03.20 15:19 |

Bulgarian National Bank issues set of measures to combat coronavirus crisis

The Bulgarian National Bank (BNB) has announced a package of more than 4.6 billion euros that will be earmarked for measures to tackle the effects of the COVID-19 crisis . The aim is to preserve the resilience of the banking system and reduce the..

19.03.20 15:59 |
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