Bulgaria places 102.3 mln euros of 5-yr T-bonds

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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.

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