site.btaFinance Ministry Auctions Off 10.5-year Bonds at 3.01% Weighted Average Yield

The Finance Ministry Monday reopened an issue of government securities of an aggregate nominal value of BGN 200 million maturing on July 27, 2026, the Ministry said. The bonds were 1.51 times oversubscribed, achieving a total order book of BGN 301.05 million.

They were auctioned off successfully at a weighted average annual yield of 3.01% providing a spread of 147 bps over the analogous German Bunds.

The investors' profile by type is as follows: banks 61.2%, guarantee funds 16.0 %, pension funds 10.0 %, insurance companies 6.0%, investment intermediaries 1.8% and other 5.0%.