The Bulgarian government will urge the local pension funds to inject some cash in the nation’s underinvested water sector which needs to absorb EUR 10m by 2015, said deputy regional development minister Dimcho Mihalevski. A meeting has already been held with the investment committee of the Bulgarian Association of Supplementary Pension Security Companies. The two sides discussed the placement of bonds by the water companies that could be added to the portfolios of the pension funds. The government may put in place a mechanism to ensure that a portion of the future revenues of the issuers will be set aside to repay the issued debt.