Bulgaria’s state and state-guaranteed debt amounted to 5.59 bln euros in the end of April, ministry of finance announced. Internal debt was in the amount of 1.52 bln euros, while foreign debt was in the amount of 4.07 bln euros.

In nominal value debt was down by approximately 270.2 mln euros from the previous month. The reduction is due mostly to the prepayment of Bulgaria’s debt to IMF.

In the end of the review period the share of the state and state-guaranteed debt amounted to 21.4% of GDP – an absolute reduction of 1 percentage point from the previous month.

The share of foreign debt in this indicator is 15.6%, while the share of the internal debt is 5.8% of GDP. In the structure of the debt in the end of the period internal obligations accounted for 27.1%, while foreign obligations were 72.9%.

In April ministry of finance held one auction for the sell-off of state treasury bonds on the local market. Orders of 3-year state securities for 35.0 mln leva were approved at the auction.

The total amount of the principal and interest payments since the beginning of the year amounted to 1,720.7 mln leva, of which: 1,414.3 mln leva were payments on the foreign debt and 306.4 mln leva were payments on the internal debt. In terms of currency composition, the biggest share was the share of euros – 66.1%, followed by leva – 17.8% and U.S. dollars – 15.3%.