16.11.2015

The Ministry of Finance reopened the 10-year issue of Government Securities (GS) with maturity 22 April 2025. Securities to the amount of BGN 70 million were placed at the auction held on 16 November 2015. An annual average weighted yield of 2.56% was achieved. The total amount subscribed reached BGN 109.60 million, the coverage coefficient being 1.57.

The spread to the benchmark German Bunds in this segment is 206 b.p.

Banks acquired 77.50% of the GS offered at the auction, investment intermediaries - 8.57%, insurance companies - 2.14%, pension funds - 0.36%. 11.43% of the GS volume was acquired by other investors.