21 C
Tirana
15-10-26
Home Economy

BoA: T-bill interest rates result in a drop in March 16-19, 2021

TIRANA, March 22/ATA/- T-bill interest rates marked a slight increase in auctions held during the March 16-19, 2021, the Bank of Albania (BoA) reported on Monday.

According to data published by the Bank of Albania, treasury bills maturing in 12 months were issued with a weighted average yield of 2.17%, up from 2.10% in the previous auction. The market interest on these instruments remains high against ALL 8.8 billion announced for sale, the total demand in the amount of ALL 11.65 billion was presented at the auction.

A slight increase was also recorded in the interest rates on 3-month treasury bills that reached the level of 1.37%, up from 1.29% in the previous auction.

Even for these instruments, the demand was quite high amounting to ALL 3.1 billion, twice as much as the amount announced for financing by the Albania’s Ministry of Finance and Economy.//

 

 

Previous articleCredit in euros/ BoA: Interest rates remained stable in first months of 2021
Next articleVarhelyi-Maas: To start accession talks on Albania’s EU integration as soon as possible