Bulgarian National Bank places bonds with new short-term and medium-term domestic debt

On January 27th, government securities for 150 million euros (300 million leva) will be offered on the domestic market, the Bulgarian National Bank (BNB) announced. The bonds will have a maturity of 7 years and an annual interest rate of 3.25%.

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%.