site.btaBNB to Auction Two-Year Government Bonds Worth EUR 150 Mln January 19

The Ministry of Finance will hold an auction on January 19 for the sale of two-year government bonds worth EUR 150 million, the central bank said on its website on Monday. The bonds are from issue BG 20 300 26 111/21.01.2026, mature on January 21, 2028, and carry a fixed annual interest rate of 2.25%.

This will be the first government securities auction of 2026. Due to the absence of an adopted 2026 State Budget Act, an extended budget is currently in force. Under the Public Finance Act, during an extended budget period the Council of Ministers may incur state debt to refinance outstanding obligations up to the amount of annual debt repayments for liabilities incurred before the start of the budget year.

In 2025, the Finance Ministry placed new debt through government bond sales amounting to around EUR 8.9 billion (BGN 17.4 billion). Of this, approximately EUR 1.7 billion (BGN 3.3 billion) were placed on the domestic market, while about EUR 7.2 billion were raised through two international debt operations.