Bulgaria Receives Global Markets Award

Bulgaria was awarded by the prestigious Global Markets magazine with the prize No 1 Country in Central and Eastern Europe in Terms of Management of Public Debt Through Issuance of State Bonds at International Capital Markets. The award was bestowed to Bulgaria, because that country chose perfectly the moment to sell the dual- tranche Eurobonds in March 2016 right ahead of the decision of the European Central Bank to make quantitative easing. The award was also given for the unexpected decision of the Bulgarian Ministry of Finance to issue state bonds without holding the traditional “road show. The magazine which is specialized in financial markets notes that Bulgaria proved its financial experience during its latest decisions to issue bonds.

 

 

BNR