September 27 (SeeNews) - Bulgaria plans to raise 200 million levs ($98.4 million/102.3 million euro) by reopening a ten-and-a-half year fixed-rate Treasury bond issue at an auction to be held on October 3, the central bank said on Tuesday.
The T-bonds will mature on July 27, 2026, the Bulgarian National Bank (BNB) said in an auction notice.
The government securities carry an annual coupon of 2.25%.
On Monday, Bulgaria raised 149.95 million levs from the sale of five-and-a-half-year fixed-rate Treasury bonds. The amount, however, was below the finance ministry's target of 200 million levs, the central bank said on Tuesday. The government securities were placed at a weighted average annual yield of 4.13% and carry an annual coupon of 3.2%.
(1 euro = 1.95583 levs)