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Bulgaria Sells State Bonds Big
BULGARIA SELLS STATE BONDS BIG
Date: 03/08/2010
Source: novinite.com
Bulgaria Sells State Bonds Big

The Bulgarian National Bank announced a major sale of EUR 61.5 M worth of state bonds, exceeding more than four times the initially planned amount.

The average profitability of the bonds sold is 3.15%.

Last week the National Bank also scored a BGN 90 M sale, with an initially offered amount of BGN 45 M.

Thus the total amount of state bonds sold for just two weeks is over BGN 200 M.

The Bulgarian Ministry of Finance plans to auction more issued state bonds.


Topic: Financial



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Melnik, the smallest town in Bulgaria, is located in Blagoevgrad district. It is a town-museum having 96 buildings pronounced for cultural monuments. Melnik is also famous for its wine made of unique varieties of grapes, and for the sand and limestone pyramids - exceptional geographical structures for the territory of Bulgaria.

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