AlbanianEconomy.comYour News from Albania
Albania issues first ever Euro denominated Bonds
Tirana, 22 Dec. 2006 (AENews) – Bank of Albania (BoA) announced today that it has successfully issued the first ever Euro denominated Treasury bills. Diversifying currency of Albania’s public debt and introducing a longer maturity average are the main priority in managing debt for the government, BoA statement said.
Five different offers from local banks out of 19, were accepted in the special bid on Thursday.
Total traded volume was EUR 45 million. Euro denominated treasury bills have a maturity of 273 days and an average yield of 5.024 percent.
At end of 2005 internal public debt of GOA reached Lek 316 BN (EUR 2.54 BN, USD 3.36 BN).
Other Articles
Posted by
on Dec 22nd, 2006 and filed under Uncategorized.
You can follow any responses to this entry through the RSS 2.0.
You can leave a response by filling following comment form or trackback to this entry from your site
