TIRANA, May 13 /ATA/ – The portfolio of government securities rose 17.2 year-on-year in March to around 19 billion lek since start of this year, the Bank of Albania said.
According to central bank, the commercial banks seized the opportunity to invest in government lek and euro-denominated debt securities, including the Eurobond, during 2020.
The trend has continued in the first quarter of 2021, with the sector responding to a slightly higher demand of the Albanian government for domestic borrowing compared to the two previous quarters.
However, the increase in the securities portfolio is not attributed to the government issues only, but also to the increase in the volume of investment in securities from other issuers, especially in the euro-denominated bills.
/u.sh/
