Varna-based East Gas Company (EGC) posted BGN 42,000 loss for the last quarter of 2006, compared to the BGN 15,000 profit booked for the year-ago period. The company generated BGN 1.67m revenue for the last three months of 2006, up from the BGN 1.36m racked up for the corresponding period in 2005. The overall costs of the company totalled BGN 1.63m for the period. EGC floated a EUR 1.5m bond issue on the Bulgarian Stock Exchange in October 2006. The bonds have EUR 1,000 par value each and yield a fixed annual interest of 8.2% with coupon payments due semi-annually.