The Bulgarian Stock Exchange (BSE) has announced its readiness to adopt the euro, pending an official decision from the European Commission and the European Central Bank regarding Bulgaria’s accession to the eurozone. According to the “Introduction of the Euro in the Republic of Bulgaria Act,” one of BSE’s main responsibilities involves the dual display of information for users in both the Bulgarian lev (BGN) and the euro (EUR).
The BSE has already implemented dual pricing for listed financial instruments on its website, including turnover data across all market platforms, which also applies to periodic statistical bulletins. To facilitate the shift to the euro, trading in dematerialized financial instruments will be paused for three business days before the transition date. This suspension allows the exchange to adjust the reference prices of financial instruments and the parameters of the trading system. BSE ensures that the transition will be seamless and transparent for all market participants.
Details about the planned changes can be found at: https://shorturl.at/nfyWV
