The yield on Bulgarian three-year government bonds was set at 8.79%, 28 basis points up from the previous auction. The Bulgarian National Bank auctioned BGN 15 million ($7.6 million) face value of three-year government bonds, 9% coupon, unchanged from the previous auction, paying semi-annually, and achieved an average rate of 8.79% in its regular weekly sale, 28 basis points up from last week. The central bank said it received bids totalling BGN 48.516 million and sold the bonds at an average price of 100.93. The Finance Ministry sells BGN 50 million in three-year government bonds in four auctions