The Ministry of Finance announced on Monday that it plans to offer ten-year government securities totaling EUR 210 million at an auction scheduled for May 11. The bonds in question carry the identifier BG 20 400 26 218 and feature an annual interest rate of 3.5%. According to data from the Ministry, this planned auction represents the ninth instance of new debt placement on the domestic market since the beginning of the current year.
Cumulatively, the total new debt raised since the start of the year has reached EUR 1.2 billion. Should the upcoming auction be successful, the total issued debt for the year is projected to reach EUR 1.41 billion. The Ministry’s records show that the issuance of these securities has occurred previously in 2026.
Specifically, two placements have taken place: one in February, where EUR 150 million was issued at an average annual yield of 3.84%, and another in April, where the same amount was offered, achieving an average annual yield of 4.18%. Under the Public Finance Act, the Council of Ministers has the authority to incur new government debt. This action is permissible under extended budget conditions, provided the debt is solely for the purpose of refinancing existing obligations, up to the amount of annual repayments already incurred.
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