Bulgaria To Auction 35 Mln Levs 10-1/2-Y T-bonds on March 7

Bulgaria To Auction 35 Mln Levs 10-1/2-Y T-bonds on March 7

Bulgaria's central bank said it will auction 35 million levs ($24.6 million/17.9 million euro) of ten-and-a-half-year fixed-rate Treasury notes on March 7.

The issue carries an annual coupon of 5.0% and will mature on July 19, 2021, the central bank, which auctions government securities on behalf of the finance ministry, said on its website.

Half of the offer will be set aside for competitive bids and the rest will be earmarked for non-competitive bids.


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