Extent and form of paid-up capital
Article 2
1. With effect from 1 January 2026, Българска народна банка (Bulgarian National Bank (BNB)) shall pay up the remaining part of its share in the ECB’s subscribed capital, which corresponds to EUR 101 929 755,00. 2. BNB shall pay the amount specified in paragraph 1 to the ECB on 2 January 2026 by means of a separate transfer via the new-generation Trans-European Automated Real-time Gross settlement Express Transfer system (TARGET) settling in euro in central bank money. 3. BNB shall pay to the ECB on 2 January 2026, by a separate TARGET transfer, the interest accrued on 1 January 2026 on the amount due to the ECB under paragraph 2. This interest shall be calculated on a daily basis, using the actual-over-360 day-count method of calculation, at a rate equal to the reference rate as defined in Article 1, point (j), of Decision (EU) 2016/2248 of the European Central Bank (ECB/2016/36) ( 9 ) , as amended by Decision (EU) 2024/2939 of the European Central Bank (ECB/2024/33) ( 10 ) .