site.btaBulgaria Pays Up EUR 1.2 Bln to Holders of 7-Year Euro Bonds
Bulgaria has paid up EUR 1,165.45 million to the holders of 7-year Euro bonds, the Finance Ministry said Wednesday. The bonds were issued on the international capital markets in March 2016 under the Global Medium-Term Note Programme for debt issuance on the international capital markets.
The payments included the nominal value of the bonds amounting to EUR 1,144 million and the last payable interest coupon worth EUR 21.450 million.
Regular interest of EUR 25.5 million was paid under the other tranche – the 12-year bond issue.
The Ministry of Finance has ordered the payment of regular interest coupons under 12-year and 20-year bonds issued on 26 March 2015 on the international capital markets under the Global Medium-Term Note Programme for debt issuance on the international capital markets, totalling EUR 54.375 million.
Payments in March 2023 for Euro bonds issued in 2015 and 2016, totalled EUR 1,245.325 million, including EUR 1,144 million principal and EUR 101.325 million interest.
As a result of the debt transactions in March, the government debt has decreased by approximately BGN 2.3 billion: from BGN 39.1 billion at end-February 2023 to BGN 36.8 billion at end-March 2023, the Finance Ministry said.