On January 20th, the BNB held the first auction for 2025 for the issuance of government debt. 3-year securities for 150 million euros were successfully placed at an annual yield of 2.9%. For comparison, last year a 3-year issue was launched on the domestic market several times, with the average yield exceeding 3% at each reopening of the auctions, the BNB reported.
The last time a 3-year issue of government securities was placed was in July 2024, when it achieved a weighted average yield of 3.64%.
No disruptions or price increases are expected on Bulgaria’s fuel market following the US sanctions imposed on Russian oil companies Rosneft and Lukoil, Bulgarian Petroleum and Gas Association Chairman Svetoslav Benchev told BTA. "For now, I..
The annual growth of Bulgaria's gross domestic product will remain above 3% in the period 2025-2027 , according to a report by commercial credit insurer Allianz Trade, BTA reports. According to Allianz this means that the Bulgarian economy will become..
With the introduction of the euro on January 1, Bulgaria will benefit from the stability, liquidity and all the advantages of the common currency, European Central Bank President Christine Lagarde said in an interview with public service..
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