Bulgarian loans 1888 – 1918

 

 

 

place

nominal rate

amortization term

nominal amount

transfer price

net amount

interest

1888

London

6

33

46,777,500

100

46,777,500

6

purpose :

purchase of the Varna-Ruse railway

1889

Vienna

6

33

30,000,000

85.50

25,650,000

7.5

banks :

Österr. Länderbank, Wiener Bankverein

purpose :

construction of the Tzaribrod-Sofia-Vakarel railway and purchase of Mannlicher rifles

1892

Vienna

6

33

124,962,500

86.41

107,342,000

7.34

banks :

Österr. Länderbank, Deutsche Bank

purpose :

construction of the Jambol-Burgas, Sofia-Pernik and Sofia-Roman railways, organization of the Varna and Burgas harbour, purchase of Mannlicher rifles

1902

Paris

5

50

106,000,000

78.32

87,367,000

6.72

banks :

Banque de Paris et des Pays Bas, Banque de l’État de Russie

purpose :

consolidation of the floating debt

1904

Paris

5

50

99,980,000

75.24

82,383,000

7.03

banks :

Banque de Paris et des Pays Bas

purpose :

construction of the Trans-Balkanic Railroad and purchase of the Creusot QF guns

1907

Paris

4.5

60

145,000,000

79.91

123,250,000

5.94

banks :

French (Banque de Paris et des Pays Bas), German (Disconto Gesellschaft, Deutsche Bank, Bleichröder ) and Austrian banks (Länderbank)

purpose :

conversion of the 1888 and 1889 loans, purchase of howitzers and mountain guns

1909

Vienna

4.5

50

100,000,000

85.56

86,000,000

5.56

banks :

Wiener Bankverein

purpose :

construction of raylroads

1909

St. Petersburg

4.75

75

82,000,000

100

82,000,000

4.75

purpose :

purchase of Rumelian section of the Compagnie des Chemins de fer Orientaux

1912

Paris

8

 

75,000,000

 

 

 

banks :

Banque de Paris et des Pays Bas

purpose :

 

1912

St. Petersburg

 

 

27,700,000

 

 

 

banks :

Russko-Aziatskij Bank

purpose :

 

1913

Vienna

 

 

30,000,000

 

 

 

banks :

Länderbank, Wiener Bankverein

purpose :

 

1914

Berlin

5

50

500,000,000

 

 

 

banks :

Disconto Gesellschaft

purpose :

 

1915

Berlin

7.5

 

120,000,000

 

 

 

banks :

Disconto Gesellschaft

purpose :