Yield on Bulgaria's 10-year T-notes Falls to 4.12%

Yield on Bulgaria's 10-year T-notes Falls to 4.12%

The average weighted annual yield on a ten-year Bulgarian Treasury notes issue which the finance ministry reopened, fell to 4.12% from 4.73% at the previous auction in July, the ministry said on Tuesday.

The finance ministry sold 50 million levs ($31.6 million/25.6 million euro) worth of ten-year T-notes on Monday, it said in a statement.

Dealers placed bids for 273.65 million levs worth of debt paper, oversubscribing the issue 4.73 times.

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