Bulgaria to auction 255.6 mln euro of 10-1/2-yr T-bonds on Oct 25

Bulgaria to auction 255.6 mln euro of 10-1/2-yr T-bonds on Oct 25

Bulgaria will aim to raise 500 million levs ($297.9 million/255.6 million euro) by reopening а ten-and-a half-year Treasury bond issue due in August 2031 at an auction on October 25, the Bulgarian National Bank (BNB) said.

The bonds carry an annual coupon of 0.10%, the central bank said in a statement on Monday.

Bulgaria sold 300 million levs worth of T-bonds at the previous auction of the issue held last month.

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