site.btaFinance Ministry Raises New BGN 100M Debt

The Bulgarian National Bank (BNB) held an auction for the sale of part of issue No BG 20 300 25 113/22.01.2025 (three-year interest-bearing treasury bonds) with maturity 22.01.2028, BNB said on its website.

The weighted average annual yield on the issued government securities amounts to 2.85%.

This was the fifth domestic debt raising auction in 2025. As a result of all the auctions, the new debt raised since the beginning of this year reached BGN 900 million, according to a reference on the Finance Ministry's website.

So far, two auctions have been held to sell 3-year government bonds and two to sell 7-year government bonds. The average annual yields achieved were 2.90% and 2.76% in the 3-year treasury bond auctions, and 3.47% and 3.31% in the 7-year auctions, respectively. Thus, the debt raised since the beginning of the year amounts to BGN 900 million.

Orders with a total nominal value of BGN 189,700,000, including non-competitive orders with a total nominal value of BGN 5,000,000, were admitted to the auction held on Monday, the BNB's announcement said.

The achieved coverage coefficient is 1.90. The average price of the orders admitted to the auction is BGN 99.47 per BGN 100 nominal.