November 12 (SeeNews) - Bulgaria's central bank said it will auction 50 million levs ($34.3 million/25.6 million euro) in ten-and-a-half-year fixed-rate Treasury bonds on November 18.
The issue carries an annual coupon of 4.0% and matures on July 9, 2023, the central bank, which auctions government securities on behalf of the finance ministry, said on its website on Tuesday.
Half of the offer will be set aside for price-competitive bids, while the other half will be earmarked for non-competitive bids.
The central bank sold 50 million levs worth of ten-and-a-half-year government bonds with the same maturity date in the previous auction held on October 8 at an average weighted annual yield of 3.79%.
(1 euro=1.95583 Bulgarian levs)