Bulgaria to auction 102.3 mln euro of 5-yr T-bonds on Sept 7

Bulgaria to auction 102.3 mln euro of 5-yr T-bonds on Sept 7

Bulgaria will seek to raise 200 million levs ($120.7 million/102.3 million euro) by reopening а 5-year Treasury bond issue due in February 2026 at an auction scheduled for September 7, the Bulgarian National Bank (BNB) said.

The bonds have a fixed annual coupon of 0%, the central bank said in a statement on Tuesday.

Bulgaria sold 300 million levs worth of bonds at a negative weighted average annual yield of 0.10% at the last auction of the issue held in March.

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