Treasury sells government securities for 15 million

Ministry of Finance yesterday preotvori issue government bonds / securities / with original maturity of 2 years and 6 months, denominated in euros. At another auction securities were offered 15 million euros, orders given by primary dealers of government securities, substantially exceeded the offer for sale volume. Total votes were orders for 87.1 million, which is again a record high coverage ratio of 5.81.

Strong demand for government securities was registered by the banking institutions, said interest in the auction and institutional clients – pension funds, insurance and reinsurance companies. Ministry of Finance decided to approve the contracts in the amount of advance offered for sale in securities yield 3.19 percent, which is within expectations.

Indicator illustrating investor interest, reinforces the perception of government investment alternative with an attractive ratio made by the MoF, to diversify the maturity and currency composition of a wide range of investors in the Bulgarian market debt, said in presaobshtenie ministry.

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Finance