September 8 (SeeNews) - Bulgaria's finance ministry sold 200 million levs ($120.8 million/102.3 million euro) worth of 5-year Treasury bonds by reopening an issue due in February 2026 at an auction held on September 7, the Bulgarian National Bank (BNB) said on Wednesday.
The T-bonds were placed at a negative weighted average annual yield of 0.15%, the central bank said in a statement.
At the previous auction of the issue, held in March, the finance ministry sold 300 million levs worth of bonds at a negative weighted average annual yield of 0.10%.
Details follow:
|
Sept |
March |
Nominal value of offered T-bonds |
200.0 |
300.0 |
Nominal value of bids admitted for participation |
423.8 |
458.5 |
- competitive |
369.8 |
428.5 |
- noncompetitive |
54.0 |
30.0 |
Nominal value of the bids approved |
200.0 |
300.0 |
- competitive |
146.0 |
270.0 |
- noncompetitive |
54.0 |
30.0 |
Weighted average annual yield |
2.12 |
-0.10 |
Annual interest rate |
0.00 |
0.00 |
Coverage coefficient |
2.12 |
1.53 |
source: BNB
(1 euro=1.95583 levs)