February 25 (SeeNews) - Bulgaria has raised 200 million levs ($112.7 million/102.3 million euro) by reopening а 10.5-year Treasury bond issue due in December 2029 at an auction held on February 26, the Bulgarian National Bank (BNB) said.
The bonds were placed at a weighted average annual yield of 0.12%, the central bank said in a statement on Monday.
Details follow:
|
Feb 26 auction |
Jan 27 auction |
Nominal value of offered T-bonds |
200.0 |
200.0 |
Nominal value of bids admitted for participation |
265.8 |
463.15 |
- competitive |
252.5 |
327.25 |
- noncompetitive |
13.3 |
135.9 |
Nominal value of the bids approved |
200.0 |
200.0 |
- competitive |
186.7 |
100.0 |
- noncompetitive |
13.3 |
100.0 |
Weighted average annual yield |
0.12% |
0.13% |
Annual interest rate |
0.50% |
0.50% |
Coverage coefficient |
1.33 |
2.32 |
(1 euro=1.95583 levs)