Bulgaria to auction 35 mln euro in 7-yr T-notes on Dec 10

The issue bears an annual coupon of 4.5% and will mature on January 18, 2019, the central bank, which auctions government securities on behalf of the finance ministry, said in a statement on its website.

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 30 million euro in its last auction of seven-year bonds with the same maturity date held in November. The average weighted annual yield at the time fell to 2.53%.

($ = 0.7665 euro)