Albania's central bank, which sells state securities on behalf of the government, said it will auction ALL 10.9bn (EUR 77.7mn) worth of lek-denominated T-bills on August 27.
The bank will offer 12-month T-Bills worth ALL 8.6mn and 3-month T-Bills totalling ALL 2.3bn.
The average yield on the 12-month securities declined to 4.90% at the latest auction held on August 13 from 5.13% at the previous auction held a couple of weeks earlier.
The yield on the 3-month notes stood at 4.00% at the auction held on July 30, down from 4.61% at the previous auction on June 25.
The central bank has auctioned lek-denominated T-bills worth ALL 222.7bn since the beginning of 2013.
International oil major Shell plans to invest $42.5mn in oil and gas exploration in southern Albania over the next seven years, Albania’s National Agency of Natural Resources ... more
Macedonia was rated only “partly free” in the latest report from international watchdog Freedom House, the same almost all of the six Western Balkan countries, despite efforts by the ... more
The Albania’s central bank has announced it will issue a new ALL10,000 (€74.9) banknote. The new ALL10,000 banknote will have the highest value issued so far, as the current biggest value ... more