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Bulgaria to auction 102 mln euro of 2030 T-notes on July 8

Jul 2, 2024, 12:27:38 PMArticle by Mihaela Miteva
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July 2 (SeeNews) - Bulgaria's finance ministry will seek to raise 200 million levs ($109.9 million/102.3 million euro) by reopening a six-year fixed-rate issue of Treasury notes at an auction on July 8, the central bank said.

Bulgaria to auction 102 mln euro of 2030 T-notes on July 8
Image source: Bulgarian National Bank (BNB)

The government securities have an annual coupon of 3.25% and will mature on May 15, 2030, the Bulgarian National Bank (BNB) said in an auction notice last week.

At the previous auction of the same issue held in June, the finance ministry sold 200 million levs worth of T-notes at a weighted average annual yield of 3.54%.

Last week, Bulgaria raised 200 million levs by reopening an issue of three-year fixed-rate Treasury notes at a weighted average annual yield of 3.44%.

(1 euro = 1.95583 levs)

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