Yields on Bulgaria's 10-1/2-Yr T-bonds Fall to 5.28%

Dealers placed bids for 105.65 million levs ($72.05 million/54.03 million euro) worth of government debt paper against 55 million levs on offer, the central bank, which auctions government securities on behalf of the Finance Ministry, said in a statement.

The issue, which carries an annual coupon of 5.0% and matures on July 19, 2021, was sold at an average weighted price of 98.35% of par. The maximum annual yield was 5.35% and the minimum yield was 5.10%.

The finance ministry plans to issue up to 1.0 billion levs in Treasury paper this year, up from the 2010 target of 740 million levs.

(1 euro = 1.95583 Bulgarian levs)