September 20 (SeeNews) - Bulgaria's central bank said on Tuesday it will auction 200 million levs ($102.4 million/102.3 million euro) worth of a new fixed-rate 5-1/2-year Treasury bond on September 26.
The government paper will have an annual coupon of 3.2% and will mature on March 28, 2028, the Bulgarian National Bank (BNB) said in an auction notice on its website.
Semi-annual interest payments will be due in March and September, starting from March 28, 2023.
The T-bond will have an issue date of September 28, the statement showed.
Competitive and non-competitive bids will be admitted for participation at a ratio of 50-50, the central bank also said.
(1 euro = 1.95583 levs)