Bulgarian National Bank Extends Cash Desk Hours Amid Strong Demand for Euro Starter Kits
The Bulgarian National Bank announced extended operating hours at its cash desks today and on Saturday, December 20, in response to heightened public demand
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Bulgaria's Finance Ministry is to place BGN 300 M worth of securities on the domestic market next week, the Bulgarian National Bank (BNB) has announced on its website.
The auction is dated September 8, or next Monday.
According to the statement, 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 ratio of government securities offered for competitive and noncompetitive bids is 70 %:30%.
No specific reason has been given for the one-year bond issuance, even though cabinets usually take the step to secure payments on previous liabilities on which they cannot deliver due to gaps in the treasury.
With just 18 days to go until Bulgaria adopts the euro on January 1, consumer questions about payments are still coming in
Experts confirm that Bulgaria’s accession to the eurozone on January 1, 2026, remains on track, despite the recent government resignation
Scope Ratings has completed its latest review of Bulgaria and confirmed the country’s long-term credit rating at A- with a stable outlook, alongside short-term ratings of S-1/Stable
At the turn of the year, Bulgaria is preparing to enter 2026 without an approved state budget
In Bulgaria, the common perception that investing is reserved for the wealthy remains widespread, but recent analysis by Freedom24 shows that households can begin investing with modest amounts of 50–100 BGN (approximately €25–50) per month
The euro has been in use since 1999 as a non-cash accounting unit and since 2002 as physical currency.
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