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Sofia stock exchange admits to trading 255.6 mln euro worth of 7-1/2-yr T-bonds

Sofia stock exchange admits to trading 255.6 mln euro worth of 7-1/2-yr T-bonds Photo: Bulgarian Stock Exchange / All rights reserved.

SOFIA (Bulgaria), November 25 (SeeNews) - A 500 million levs ($286.5-6 million/255.6 million euro) issue of seven-and-a-half-year Bulgarian Treasury bonds will start trading on the Sofia bourse on December 1, the bourse operator said on Thursday.

The Treasury bond issue is due in May 2029 and carries an annual coupon of 0.25%, the BSE said in a statement.

Bulgaria placed the bonds earlier this week at a weighted average annual yield of 0.49%.

(1 euro = 1.95583 levs)

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