Bulgarian 10-yr Bonds Europe’s Best Investment Option – Italian Expert
Thursday, 01 January 1970
Bulgaria's ten-year government bonds are the best investment option in Europe, an Italian financial expert said, as quoted by the Sofia News Agency (Novinite.com).
"True, the yield on ten-year Bulgarian sovereign bonds used to stand at about 5% a year ago, while now it has a yield a bit over 3%. Still, paradoxically, I believe that Bulgaria's ten-year sovereign bonds are safer than the German and Japanese bonds," Novinite.com quoted Italian financier Olivier Doria d' Angri as saying in an article in local media.
"Yes, I still believe that Bulgarian ten-year bonds are the best option for investment in Europe," the expert said, adding that the country has the EU's lowest government debt-to-GDP ratio, of 14%.