Bulgaria to Auction 204.5 Mln Euro in 3-mo T-bills on Feb 3

Bulgaria to Auction 204.5 Mln Euro in 3-mo T-bills on Feb 3

Bulgaria's finance ministry said it will auction 400 million levs ($279.3 million/204.5 million euro) in three-month Treasury bills on February 3.
The issue will mature on May 5, 2014, the finance ministry said on its website.
Also on Monday the finance ministry said it sold 400 million levs ($279.3 million/204.5 million euro) in nine-month Treasury bills at an average weighted annual yield of 0.58%. Dealers placed bids for 843.8 million levs worth of government debt paper.
The average price of the approved bids was 99.51 levs per 100 levs of par value, the Bulgarian National Bank, which auctions government securities on behalf of the finance ministry, said in a statement. Thirteen primary dealers placed bids in the auction. The issue matures on October 29, 2014.
 
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