site.btaCentral Bank to Auction Off BGN 200 Mln T-Bonds Sept. 19

The Bulgarian National Bank (BNB) is holding an auction on the domestic market on Monday for BGN 200 million worth of 10.5-year open-ended Treasury bonds bearing 2.25% annual interest, the central bank said. The BNB is reopening Issue BG 20 400 16 219/27.01.2016, maturing on July 27, 2026.

The Finance Ministry is planning to hold an auction for another BGN 200 million worth of government securities by the end of September.

The debt issued so far this year amounts to BGN 1.8 billion offered on the domestic market and EUR 2.25 billion offered on the international capital markets.

The cap on total new debt for 2022 has been set at BGN 10.3 billion.