Bulgarias finance ministry will offer BGN 50mn (EUR 25.5mn) in 10.5-year Treasury bonds at an auction on January 7. The bonds carry an annual coupon of 4% and mature on July 9, 2023. At the previous auction for 10.5-year T-bonds that was held in November 2012, the yield dropped to an average of 3.45%, which was an all-time low for the maturity and considerably below the yields at the previous such auctions in 2012: 3.51% in September, 4.12% in August, 4.73% in July, 4.95% in March and 5.35% in January. |
The EC has sent a reasoned opinion to Bulgaria over failure to comply with EU rules on the free movement of capital, the EC said on its website. The privatisation act in Bulgaria introduces ... more
Bulgaria will be seeking an extension of the court procedure filed by the EC against the country over irregularities found in the assignment of digital broadcast spectrum, transport minister ... more
Bulgarian individuals and companies hold EUR 100mn in Cypriot banks according to ECB data, BTA reported quoting Reuters. The largest EU depositors in the crisis-hit country are Greece with EUR ... more