site.btaBulgarian Development Bank Would Have Lost BGN 140 Mln in Interest from BGN 1 Bln Bond Issue
The Bulgarian Development Bank (BDB) said in a press release on Tuesday that it decided against going ahead with a BGN 1 billion fixed-yield seven-year bond issue because, under the changed conditions, the bank would have lost BGN 290 million annually in interest or BGN 140 million for the whole period.
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