October 8 (SeeNews) - Bulgaria has raised 69.18 million levs ($38.9 million/35.4 million euro) by reopening а 20-year Treasury bond issue due in June 2039 at an auction held on October 7, the Bulgarian National Bank (BNB) said.
The bonds were placed at a weighted average annual yield of 1.38%, the central bank said in a statement on Monday.
Details follow (in mln levs):
|
October 7 auction |
August 26 auction |
Nominal value of offered T-bonds |
95.0 |
200.0 |
Nominal value of bids admitted for participation |
132.25 |
244.2 |
- competitive |
94.07 |
185.5 |
- noncompetitive |
38.18 |
58.7 |
Nominal value of the bids approved |
69.18 |
200.0 |
- competitive |
31.0 |
141.3 |
- noncompetitive |
38.18 |
58.7 |
Weighted average annual yield |
1.38% |
1.42% |
Annual interest rate |
1.50% |
1.50% |
Coverage coefficient |
1.39% |
1.22% |
source: BNB
(1 euro=1.95583 levs)