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Bulgaria sells 76.7 mln euro in 3-yr T-notes at 0.47% yield

Author Nina Byalkova
Bulgaria sells 76.7 mln euro in 3-yr T-notes at 0.47% yield Ju1978/Shutterstock.com

SOFIA (Bulgaria), October 26 (SeeNews) - Bulgaria sold 150 million levs ($84.7 million/76.7 million euro) in three-year Treasury notes at an average weighted annual yield of 0.47%, the country’s central bank said on Monday.

Dealers placed bids for 163.75 million levs worth of T-notes as the bid-to-cover ratio reached 1.09, the central bank said in a statement.

The issue, which bears an annual coupon rate of 1.10%, will mature on January 28, 2018.

(1 euro=1.95583 Bulgarian levs)

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