The Albanian central bank sold ALL 4bn (EUR 28.3mn) in two-year fixed-rate government bonds at an auction on June 18, in line with the initial offer, the bank said on its website.
Investors submitted bids worth ALL 5.3bn providing a 1.3 coverage ratio, down from 1.75 at the previous auction, a month earlier, when the bank also sold the announced volume of ALL 3.5bn. The average yield at the latest auction declined further by 8bps to 6.70%.
The bank, which places state securities on behalf of the government, has sold ALL 23.7bn in two-year fixed-rate bonds since the beginning of 2013, while total lek-denominated bonds amounted to ALL 56.5bn.
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
Albanian Prime Minister Edi Rama presented a new online platform for co-governance with citizens entitled “Albania We Want” on October 28. Ensuring functional and responsible ... more