June 20 (SeeNews) - Bulgaria has issued 100.6 million levs ($58.1 million/51.4 million euro) worth of 20-year Treasury bonds (T-bonds) and another 200 million levs worth of 10.5-year T-bonds at an auction on June 19, the Bulgarian National Bank (BNB) said.
The 20-year T-bonds were placed at a weighted average annual yield of 1.6%, while the 10.5-year T-bonds carry a weighted average annual yield of 0.41%, the central bank said in a statement on Wednesday.
Details follow (in mln levs unless otherwise stated):
|
20yr T-bonds |
10.6yr T-bonds |
Nominal value of offered T-bonds |
200.0 |
200.0 |
Nominal value of bids admitted for participation |
248.3 |
472.0 |
- competitive |
170.3 |
338.3 |
- noncompetitive |
78.0 |
133.7 |
Nominal value of the bids approved |
100.6 |
200.0 |
- competitive |
22.6 |
94.0 |
- noncompetitive |
78.0 |
106.0 |
Weighted average annual yield |
1.60% |
0.41% |
Annual interest rate |
1.50% |
0.50% |
Coverage coefficient |
1.24 |
2.36 |
(1 euro = 1.95583 levs)