Bulgaria issued the ten-year interest-bearing and thirty-year interest-bearing government bonds in the right moment. Other countries did it earlier and will have to pay higher interest rates on their government bonds. Bulgaria has to pay 0.4% interest on its ten-year interest-bearing bonds and 1.4% interest on its thirty-year interest-bearing government bonds, which is under inflation levels. It means that we are to pay a negative interest rate on a thirty-year interest bearing bonds, or in other words, confidence in Bulgaria is high, Georgi Angelov, Senior Economist at the Open Society Institute commented for Bloomberg TV.
Government bond yield is comparable to bond yield in countries with higher credit rating than Bulgaria, this country’s Minister of Finance told BNR after Bulgaria issued the new external debt.
In the first quarter of 2024, the country’s real GDP growth is expected to accelerate, which is a prerequisite for similar annual dynamics, the Bulgarian National Bank said in its regular economic review. The GDP growth is mainly due to the..
The Institute for Market Economics has reported that it took 134 days for working Bulgarians to pay their debts to the treasury. This day is almost always in the middle of May, economist Lachezar Bogdanov told BNR. According to..
47% of Bulgarians disagree with the statement that Bulgaria's entry into the euro area will boost the Bulgarian economy and raise their living standards. This is the result of a national survey conducted by the Market Links agency between 27 April and..
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