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Bulgaria to auction 255.6 mln euro of 5-yr T-bonds on Oct 11

Bulgaria to auction 255.6 mln euro of 5-yr T-bonds on Oct 11 Photo by Dennis Jarvis.

SOFIA (Bulgaria), October 4 (SeeNews) - Bulgaria will seek to raise 500 million levs ($297.5 million/255.6 million euro) by reopening а five-year Treasury bond issue due in February 2026 at an auction on October 11, the Bulgarian National Bank (BNB) said on Monday.

The bonds carry a fixed annual coupon of 0%, the central bank said in a statement.

At the previous auction of the issue, held in September, the finance ministry sold 200 million levs worth of bonds at a negative weighted average annual yield of 0.15%

(1 euro = 1.95583 levs)

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