September 13 (SeeNews) - Bulgaria will aim to raise 200 million levs ($102.4 million/102.3 million euro) by reopening a ten-and-a-half-year fixed-rate Treasury bond issue at an auction to be held on September 19, the central bank said.
The bonds carry an annual coupon of 2.25% and are due on July 27, 2026, the Bulgarian National Bank (BNB) said in a statement.
In April, the finance ministry rejected all bids in an auction of 500 million levs worth of ten-and-a-half-year fixed-rate Treasury bonds due in 2032.
In July, the 2022 budget revision adopted by the former parliament raised the limit on new government debt for the current year to 10.3 billion levs from 7.3 billion levs.
(1 euro = 1.95583 levs)