April 6 (SeeNews) - Bulgaria has placed 200 million levs ($111.6 million/102.3 million euro) worth of five-year Treasury bonds on Monday, in line with plan, by reopening an issue first auctioned in January, the country's central bank said.
The weighted average annual yield was 0.13%, the Bulgarian National Bank (BNB) said in a statement.
Monday's auction achieved a coverage coefficient of 1.79.
The T-bond issue, due in January 2025, carries an annual coupon of 0.01% paid semi-annually.
Details follow (in mln levs):
|
April 6 |
Feb 10 |
Nominal value of offered T-bonds |
200 |
200 |
Nominal value of bids admitted for participation |
358.3 |
341 |
-competitive |
342.3 |
285 |
-non-competitive |
16 |
56 |
Nominal value of the bids approved |
200 |
200 |
-competitive |
184 |
144 |
-non-competitive |
16 |
56 |
Weighted average annual yield |
0.13 |
-0.14% |
Annual interest rate |
0.01% |
0.01% |
Coverage coefficient |
1.79 |
1.71 |
source: BNB
(1 euro = 1.95583 levs)