BULGARIAN STATE BONDS
The Bulgarian Ministry of Finance has issued state bonds to the value of 35 million levs (18 million Euros) with maturity date in seven years time and a coupon of 4.45%, which shows increasing trust of the investors. The bonds were bought by banks (about 36%), pension funds (48%) and insurance companies (13%). The coupon of the state bonds is much higher when a country is experiencing financial difficulties like Hungary ( 10,04%) or when its economy is booming like Turkey (5,74%) and Poland (5,05%).
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Category: Bulgaria | Tags: Bulgaria, Bulgarian Ministry of Finance, Bulgarian state bonds, coupon, Hungary, investors in Bulgaria, Poland, turkey Comment »