The market exploded23 August 2014 | 00:17 | FOCUS News Agency
Investors and dealers began discarding their less risky assets such as US treasuries and German bunds and buying more risky, but profitable bonds.
The price of Bulgaria’s EUR-denominated long-term government bond issue maturing in September 2024 rose EUR 1. It is now traded against EUR 98.45 at 100 par, guaranteeing a yield of 3.13% - considerably below the 3.25% from a week ago.
Turnovers on the Bulgarian interbank market still gravitate around BGN 200 million daily. Overnight deals are concluded at an interest rate of 0.04%.
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