Yields on Albania’s two-year bonds stay flat on low demand.

By bne IntelliNews February 21, 2014

The Albanian central bank sold ALL 2.5bn (EUR 17.8mn) in two-year fixed-rate government bonds at an auction on February 20, in line with the initial offer, the bank said on its website.

Investors submitted bids worth ALL 3.1bn, marginally down from ALL 3.2bn at the previous, auction, held on January 16.

The average yield at the latest auction stood at 4.92%, unchanged from the previous two tenders.

The central bank, which places state securities on behalf of the government, sold ALL 41.2bn in two-year fixed-rate bonds in 2013, while total lek-denominated bonds amounted to ALL 119.2bn. The bank has so far in 2014 sold ALL 11.8bn of lek-denominated bonds.

Related Articles

Shell to invest $42.5mn in oil, gas exploration in Albania

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

Freedom House keeps “partly free” status for Macedonia despite new government’s efforts

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

Albania’s central bank to issue new high-denomination banknote

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