Bulgarian Ministry of Finance reopens 3-year government bond issuance
Sofia, October 21 (Hibya) – The Bulgarian Ministry of Finance reopened the issuance of 3-year government securities (GS) on October 20, 2025. The bond was initially launched at an auction held on January 20, 2025.
The Bulgarian Ministry of Finance reopened the issuance of 3-year government securities (GS) on October 20, 2025. The bond was initially launched at an auction held on January 20, 2025.
According to the Ministry’s statement, the bond, denominated in leva, matures on January 22, 2028, with an annual interest rate (coupon) of 2.75%.
At the latest auction, the total market volume of the bond increased by 300 million leva, reaching a nominal value of 1.6 billion leva. The average annual yield stood at 2.47%.
Total bids amounted to 366.25 million leva, corresponding to a bid-to-cover ratio of 1.22. For the approved 300 million leva issuance, a spread of 61 basis points was recorded compared to German government bonds.
These results indicate that investor interest in Bulgarian lev-denominated debt instruments remains strong.
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