The Albanian central bank sold ALL 4bn (EUR 28.8mn) in two-year fixed-rate government bonds at an auction on June 19, cutting the initial offer by ALL 0.5bn on lower demand, the bank said on its website.
The issue was undersubscribed and bond sales only matched the investors' demand. The average yield stood at 4.84%, slightly down from 4.85% at the previous auction held on May 19, 2014.
The central bank, which places state securities on behalf of the government, has sold ALL 18.5bn in two-year fixed-rate bonds since the beginning of 2014, while total lek-denominated bonds amounted to ALL 39bn.
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