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

Albanian opposition parties demand referendum on waste imports

Albanian opposition parties have asked for a referendum to be held to end a six-year debate on whether the country should permit waste imports.  The ... more

Albanian opposition party splits after disastrous election performance

Members of Albania’s main opposition Democratic Party (DP) that have been excluded from the party by its leader Lulzim Basha plan to establish a new political movement, local media reported on ... more

Albania's new government to make drastic job cuts in public administration

The new Albanian cabinet plans to drastically slash the number of employees in the public administration to make it more efficient. Prime Minister Edi Rama recently ... more

Dismiss