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Bulgaria to auction 102.3 mln euro worth of 10.6-yr T-bonds on Jan 27

Bulgaria to auction 102.3 mln euro worth of 10.6-yr T-bonds on Jan 27 Ju1978/Shutterstock.com

SOFIA (Bulgaria), January 17 (SeeNews) - Bulgaria will seek to raise 200 million levs ($113.6 million/102.3 million euro) by reopening а 10.6-year Treasury bond issue due in December 2029 at an auction scheduled for January 27, the Bulgarian National Bank (BNB) said on Friday.

The bonds carry an annual coupon of 0.50% paid semi-annually, the central bank said in a statement.

Bulgaria placed 69.18 million levs worth of bonds at a weighted average annual yield of 1.38% at the previous reopening of the issue, on October 7.

(1 euro = 1.95583 levs)

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