Bulgaria's Ministry of Finance has issued euro-denominated bonds on the international capital markets in two tranches worth in total 2.25 billion euros, the department announced. One tranche is for seven-year bonds in a volume of 1.5 billion euros and an interest coupon of 4.125%, and the second has a maturity of 12 years, a volume of 0.75 billion euros and an interest coupon of 4.625%.
The debt operation is within the defined maximum amount of BGN 10.3 billion of the new debt that can be assumed in 2022.
Until the time of the issue, the attracted debt financing for this year is in the amount of BGN 1.8 billion and was realized through the placement of government securities on the domestic market.
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