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Central bank to auction EUR 16.4mn in 2-yr bonds on January 16.

January 19, 2014

Albania's central bank will auction ALL 2.3bn ( EUR 16.4mn ) in two-year fixed-rate treasury bonds on January 16 , the bank said on its website. The average yield on this type of treasuries stood at 4.92% at the latest auction held on December 19 , up from 4.85% at the previous auction, held a month earlier. 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.

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Source: IntelliNews - Weekly Reports

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