The Ministry of Finance will offer ten-year government securities totalling EUR 210 million at an auction scheduled for May 11, the Bulgarian National Bank said on its website on Monday. The bonds are from issue BG 20 400 26 218, with an annual interest rate of 3.5%. This will be the ninth auction for placing new debt on the domestic market since the beginning of 2026, Finance Ministry’s data shows.
The total amount of new debt raised since the start of the year stands at EUR 1.2 billion. If the auction is successful, the issued debt for this year will reach EUR 1.41 billion. In 2026, the Finance Ministry has already placed amounts from issue BG 20 400 26 218 on two occasions.In February, government securities worth EUR 150 million were issued at an average annual yield of 3.84%, whilein Aprilthe same amount was offered, achieving an average annual yield of 4.18%.
Under the Public Finance Act, in the conditions of an extended budget, the Council of Ministers may incur new government debt solely for the purpose of refinancing existing obligations, up to the amount of annual repayments on already incurred debt. This website uses cookies. By accepting cookies you can enjoy a better experience while browsing pages.
Topics: #ministry #eur #year
