ANNOUNCEMENT
OF AUCTION FOR ACQUISITION OF GOVERNMENT SECURITIES
ISSUE BG 20 301 21 110/17.11.2021
Issue № |
BG 20 301 21 110 |
Auction date: |
14.03.2022 |
Settlement date: |
16.03.2022 |
Maturity date: |
17.05.2025 |
Bonds on offer (thousand BGN) |
500 000 |
Type of issue: |
T-bonds* |
Coupons: |
0.00 % - per year, paid semi-annually |
The number of days from the issue date (17.11.2021) to the settlement date (15.03.2022 incl.) for which the accrued interest is calculated |
119 |
Additional Conditions:
1. By decision of the Ministry of Finance, primary dealers may participate in this auction with noncompetitive bids on their own behalf but for the account of their clients other than banks or investment intermediaries, including those established in another Member State or in a third country.
2. The ratio of government securities offered for competitive and noncompetitive bids is
50% : 50%.
3. The maximum quantity of government securities which a participant may acquire with competitive bids is 50% of the quantity earmarked for sale through competitive bids.
* The Ministry of Finance retains its right to reject any bids, respectively approve certain bids, as well as approve an amount, which differs from the initially announced amount.
