Bulgaria to Auction 25.6 Mln Euro in 10-1/2-yr T-notes on July 22

Bulgaria to Auction 25.6 Mln Euro in 10-1/2-yr T-notes on July 22

 Bulgaria's central bank said it will auction 50 million levs ($33 million/25.6 million euro) in ten-and-a-half-year Treasury notes on July 22.

The issue bears an annual coupon of 4.0% and will mature on July 9, 2023, the central bank, which auctions government securities on behalf of the finance ministry, said in a statement published on its website.
Half of the offer will be set aside for price-competitive bids, while the other half will be earmarked for non-competitive bids.
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