Bulgaria raised 500 million levs from Treasury notes

Bulgaria raised 500 million levs from Treasury notes

The Treasury notes were placed at a weighted average annual yield of 0.55%, the Bulgarian National Bank (BNB) said in a statement.

The government securities, which mature on May 17, 2025, carry an annual coupon of 0%.

Details follow (in millions of levs unless otherwise specified or non-applicable):

Nominal value of offered securities 500.0 Nominal value of bids admitted for participation 964.7 - competitive 882.7 - noncompetitive 82.0 Nominal value of the bids approved 500.0 - competitive   - noncompetitive   Weighted average annual yield 0.55 Annual interest rate 0.00 Coverage coefficient 1.93

Source: BNB


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