Yield on Bulgaria’s 5-Yr T-notes Falls to 1.90%

Yield on Bulgaria’s 5-Yr T-notes Falls to 1.90%

Bulgaria sold out its 50 million lev ($33 million/25.6 million euro) offer of five-year fixed-rate Treasury notes on Monday as the average weighted annual yield fell to 1.90%, the country's central bank said.

At the previous auction of government securities with the same maturity date, held on March 25, the average annual yield rose to 2.29%.

Dealers placed bids for nearly 161.8 million levs ($107.9 million/82.7 million euro) worth of government debt paper in Monday's auction, the Bulgarian National Bank, which auctions government securities on behalf of the finance ministry.

The average weighted price of the approved bids was 105 levs per 100 levs of par value. The maximum annual yield was 1.93% and the minimum yield was 1.87%.

The issue, which carries an annual coupon of 3.0%, will mature on January 23, 2018.


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.