23.01.2018

On 22 January 2018 the Ministry of Finance held an auction for the sale of 25-year BGN-denominated government securities (GS) with a volume of BGN 100 million maturing on 24 January 2043. Market participants showed strong interest in the issue, submitting bids totalling a nominal value of BGN 139.9 million. 

The Ministry of Finance did not approve the subscription, taking account of the status of the fisc, as well as the purpose of financing at an optimal price.

The Ministry of Finance will continue its balanced and flexible policy of government debt management, with debt being one of the lowest ones across the EU, by taking account of both the market status and the need to secure diversified sources of financing.