TIRANA, April 9 /ATA/- The Bank of Albania (BoA) reported on Friday that, the bonds with two-year maturity were sold at auction with an interest rate of 2.58%, down from 2.65% recorded in last month’s auction.
The claims submitted in the auction reached the value of ALL 8.8 billion, out of ALL 6.9 billion bonds put up for sale by the Albania’s Ministry of Finance.
According to BoA, individuals have increased interest in buying Albanian government bonds.
Financial Supervisory Authority (FSA) said that, bond purchases in the primary market by individuals increased by 51% during 2020. The increase in demand for bond purchases by individuals was driven mainly by the higher interest rates compared to bank deposits.//a.i/
