Ministry of Finance sells government bonds worth EUR 150 million

The Ministry of Finance sold government bonds worth EUR 150 million at an auction. The bonds have a two-year term with an annual coupon rate of 2.25%. Purchase bids totaled EUR 240 million, corresponding to a bid-to-cover ratio of 1.60.

This is the sixth auction to raise new debt on the domestic market since the beginning of 2026, bringing the total new debt issued this year to EUR 900 million.

Under the Public Finance Act, during an extended budget period, the caretaker government is limited to taking on government debt to refinance existing debt only up to the monthly levels recorded in 2025. In 2025, the Ministry of Finance issued new debt through the sale of government securities and bonds on international markets in the amount of approximately EUR 8.9 billion, BTA recalls.

Edited by Ivo Ivanov

Translated by Kostadin Atanasov