Bulgaria Plans No More Eurobond Issues in 2016, Official Says

Finance | March 17, 2016, Thursday // 19:56|  views

Bulgaria's Deputy Finance Minister Karina Karaivanova. File photo by BGNES

Bulgaria won’t issue further Eurobonds this year after successfully issuing a EUR 1.994 B dual-tranche bond earlier this week, GlobalCapital has reported.

The deal was consisting of a EUR 1.144 B seven-year tranche and a EUR 850 M 12-year tranche.

With the transaction in place Bulgaria had filled its funding requirement for 2016, GlobalCapital quoted Deputy Finance Minister Karina Karaivanova as saying on Thursday. 

Karaivanova added that the government in Sofia planned to set its funding requirement for next year in the autumn of 2016, according to globalcapital.com




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Tags: Bulgaria, Eurobond, dual tranche, bond, Karaivanova, GlobalCapital


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