January 24 (SeeNews) - Bulgaria's finance ministry said on Tuesday it has auctioned off 50 million levs ($27.4 million/25.5 million euro) of 10.5-year Treasury bonds, in line with target.
The accepted average yield of the issue maturing in July 2027 fell to 1.76% in Monday's auction, from 2.41% in the previous auction of like government securities held on May 16, 2016, according to data posted on the finance ministry website.
Details follow:
Auction date |
Jan 24,2017 |
May 16,2016 |
Maturity date |
July 25, 2027 |
July 27, 2026 |
Amount offered (mln levs) |
50 |
100 |
Amount sold (mln levs) |
50 |
100 |
Total bids placed (mln levs) |
211 |
233.1 |
Bid-to-cover ratio |
4.22 |
2.33 |
Average weighted yield |
1.76% |
2.41% |
(1 euro = 1.95583 levs)