We successfully issued new bond

We have successfully issued MREL eligible bonds at the amount of 10 million euro (single nominal value of 100 000 euro each), with an annual interest rate of 9.5% and maturity in September 2026. We (the issuer) have the right to repay the bond one year earlier. 

This is the second MREL bond issued by us in 2023. 

The bond transaction was oversubscribed, showing a high demand from different types of investors. 

The trust which investors have in tbi bank gave us the opportunity to issue a second successful bond during this year. Due to the great demand we had to prioritize individual professional investors over institutional ones.
Lukas Tursa
Executive Director

The bond will be registered in the Central Depository and the Financial Supervision Commission, and will be listed within six months on the Bulgarian Stock Exchange. 

Read more

See all
We successfully issued new bond
TBI Bank EAD contemplates issuance of MREL eligible EUR denominated senior preferred notes