Bulgaria Sells 25.6 Mln Euro In T-bonds At 1.8% Yield

Bulgaria Sells 25.6 Mln Euro In T-bonds At 1.8% Yield

Bulgaria has placed 50 million levs ($35 million/25.6 million euro) in five-year bonds at an average weighted annual yield of 1.8%, the country’s finance ministry said on Monday.
The bonds were part of an issue maturing on January 22, 2019, which the ministry re-opened for the second time, it said in a press release.
At the auction dealers placed bids for 73.4 million levs worth of government securities, which resulted in a bid-to-cover ratio of 1.47.

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