Bulgaria: Ministry Reopens Issue of Government Bonds

Bulgaria: Ministry Reopens Issue of Government Bonds / Picture: © Vindobona.org

For the fifth time Bulgaria's Ministry of Finance reopened an issue of 5-year government bonds maturing on 23 January 2018. Bonds of BGN 50 million were offered at the auction held on 12 August 2013, with the yield being 2.38 per cent. The offers placed were for BGN 84.15 million, which corresponds to a coverage ratio of 1.68. After the fifth reopening, the total volume of the issue in…