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Bulgaria issues new external debt to the tune of EUR 100 million

published on 1/7/20 1:25 PM

The Bulgarian government will take on another 5-year debt amounting to EUR 100 million next week. The Bulgarian National Bank has announced that an auction will be held on January 13 for the issuance of new 5-year interest-bearing government bonds worth EUR 100 million. Under the conditions set by the Ministry of Finance, the securities are open-ended with a fixed annual interest rate of 0.01% and will represent an 1827-day issue beginning on January 15, 2020 and maturing on January 15, 2025.

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Radio Bulgaria News Bulgarian National Bank external debt

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