site.btaBulgarian National Bank to Hold Auction for Interest-bearing Treasury Bonds Worth Lv 200 Mln

Sofia, March 1 (BTA) - On March 8, the Bulgarian National Bank
will hold an auction for the sale of interest-bearing treasury
bonds in the amount of 200 million leva with a maturity of ten
years and six months, the BNB said.

The securities have a fixed interest rate of 0.10 per cent per
annum.

Primary dealers may participate in this auction with
noncompetitive bids on their own behalf but for the account of
their clients other than banks or investment intermediaries,
including those established in another EU member state or a
third country. The ratio of government securities offered for
competitive and noncompetitive bids is half and half.

NV/DT