Bulgaria sells 102.3 mln euro of 5-yr T-bonds at 0.15% negative yield
Bulgaria's finance ministry sold 200 million levs ($120.8 million/102.3 million euro) worth of 5-year Treasury bonds by reopening an issue due in February 2026 at an auction held on September 7, the Bulgarian National Bank (BNB) said on Wednesday.
The T-bonds were placed at a negative weighted average annual yield of 0.15%, the central bank said in a statement.
At the previous auction of the issue, held in March, the finance ministry sold 300 million levs worth of bonds at a negative weighted average annual yield of 0.10%.
Details follow:
Sept March Nominal value of offered T-bonds 200.0 300.0 Nominal value of bids admitted for participation 423.8 458.5 - competitive 369.8 428.5 - noncompetitive 54.0 30.0 Nominal value of the bids approved 200.0 300.0 - competitive 146.0 270.0 - noncompetitive 54.0 30.0 Weighted average annual yield 2.12 -0.10 Annual interest rate 0.00 0.00 Coverage coefficient 2.12 1.53