Bulgarian National Bank to Hold Auction for Interest-bearing Treasury Bonds Worth Lv 200 Mln

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.