Bulgaria declared issue of bonds for the sum of $100 million

Ministry Republic finance Bulgaria declared additional issue of bonds the state loans for total amount in 200 million levov ($100 million). The Sofia newspaper "Fakty" reports on October 17 about it. Money have to be directed on support of new projects in the power sphere, and also payment debts on pensions and social projects. Period of validity of securities makes five and a half years. Let's remind, for the last month Bulgaria let out two parties of bonds. Thus issues are carried out at rather low activity of investors because of a large-scale economic crisis in the country...