The Albanian central bank sold ALL 4.1bn (EUR 29.3mn) worth of two-year fixed-rate bonds at an auction on December 18, in line with the initial offer, the bank said on its website. Investors submitted bids worth ALL 5.6bn providing a 1.37 coverage ratio, down from 2.65 ratio at the previous auction, held on November 20, when the bank sold ALL 1bn in two-year bonds. The average yield at the latest auction dropped by 2pps to 7.68%. The bank, which places state securities on behalf of the government, has auctioned lek-denominated bonds of ALL 73.5bn since the start of 2012. |
Albania has called a tender to select a company to supervise the construction and supplies for a sewerage system and waste water treatment plant in Velipoja area, the European Commission informed ... more
The Albanian government has approved changes in the concessionary agreement for the Devoll Hydropower cascade, which formally enables Austrian EVN to exit from the project, the cabinets press ... more
The economy and finance committee of Albanias Parliament has approved a EUR 12.7mn loan from the European Bank for Reconstruction and Development (EBRD) to be used to fund a project for upgrading ... more