Bulgaria sells 255.6 mln euro of 7-1/2-yr T-bonds at 0.49% yield

Bulgaria sells 255.6 mln euro of 7-1/2-yr T-bonds at 0.49% yield

Bulgaria sold 500 million levs ($287.9 million/255.6 million euro) worth of seven-and-a-half-year fixed-rate Treasury bonds due in May 2029 at an auction held on November 22, the central bank said on Tuesday.

The T-bonds were placed at a weighted average annual yield of 0.49%, the BNB said in a statement.

The government securities carry an annual coupon of 0.25%.

 

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