October 1 (SeeNews) - Bulgaria will seek to raise 95 million levs ($52.9 million/48.6 million euro) by reopening а 20-year Treasury bond issue due in June 2039 at an auction scheduled for October 7, the Bulgarian National Bank (BNB) said on Tuesday.
The bonds carry an annual coupon of 1.50% with interest payments due semi-annually, the central bank said in a statement.
Bulgaria placed 200 million levs worth of bonds at a weighted average annual yield of 1.42% at the previous reopening of the issue, on August 26.
(1 euro=1.95583 levs)