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MINISTRY OF FINANCE ANNULS AUCTION FOR 10.5-YEAR GS DUE TO TECHNICAL DIFFICULTIES

23.07.2013

The Ministry of Finance refused all the offers placed during the auction held on 22 July for the sale of BGN 50 million of 10.5-year government securities (GS) maturing on 9 July 2023. The reason for this is a technical problem due to which some of the bidders were not able to place their offers. The Ministry of Finance takes account of the investors' interest in Bulgarian government securities and the same quantity will be offered at a later stage.

 

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