Listing government bonds

UniCredit Bulbank AD
Fri, 29/01/2016

A working group formed by the Bulgarian Ministry of Finance shall prepare and establish trading in government securities on the regulated market.                            

                                               
Participants in the working group include representatives of the Bulgarian National Bank, Bulgarian Dealers' Association and commercial banks that are active as primary dealers in the market. UniCredit Bulbank has been represented in the Group by its Head of Brokerage and Institutional Sales, who is also Chairperson of the Capital Markets Committee to the Association of Banks in Bulgaria.

Discussions in the Working Group are still at a preliminary stage. So far, the main outcomes include the following decisions:

  • government securities will be admitted to trading simultaneously on E-BOND, an electronic functionality to the Bloomberg Professional platform, and on the "Bulgarian Stock Exchange - Sofia" (BSE);
  • the Bulgarian National Bank (the CSD for government securities) will establish a direct connection with E-BOND and BSE;
  • the Ministry of Finance will register government securities on both trading places.

Contact:
Kristina Spasova
Relationship Manager
Global Securities Services Bulgaria
kristina.spasova@unicreditgroup.bg