Yield on Bulgaria's 10-1/2-year T-bonds falls to five-year low of 4.73%

Yield on Bulgaria's 10-1/2-year T-bonds falls to five-year low of 4.73%

Bulgaria's ten-and-a-half-year Treasury bonds produced in an auction on Monday an average weighted annual yield of 4.73%, hitting a five-year record low for government debt paper with this maturity, the finance ministry said.

In the previous auction held in March the yield on the issue was 4.95%.

Dealers placed bids for 196.4 million levs ($122.3 million/100.4 million euro) worth of government debt paper against an offer of 40 million levs, the ministry said in a statement.

The issue, which carries an annual coupon of 5.0% and will mature on July 11, 2022, produced a maximum annual yield of 4.75% and a minimum yield of 4.70%, the central bank, which auctions government securities on behalf of the finance ministry, said in a statement published on its website.

The average weighted price of the approved bids was 102.57 levs per 100.0 levs of par value.

Previous Next
Test Caption
Test Description goes like this
Cookies Preferences
Choose Type of Cookies You Accept Using

These cookies are required for the website to run and cannot be switched off. Such cookie are only set in response to actions made by you such as language, currency, login session, privacy preferences. You can set your browser to block these cookies but our site may not work then.

These cookies allow us to measure visitors traffic and see traffic sources by collecting information in data sets. They also help us understand which products and actions are more popular than others.

These cookies are usually set by our marketing and advertising partners. They may be used by them to build a profile of your interest and later show you relevant ads. If you do not allow these cookies you will not experience targeted ads for your interests.