TIRANA, November 16 /ATA/ Yields on bonds were stable in the third quarter, remaining below the level of the beginning of the year and last year, the Bank of Albania said.
Their monthly dynamics show that yields have increased volatility mainly to bonds of short-term maturity.
Yields on 5- or 7-year bonds, whose performance has been more uniform, have been characterized by minimal decreases.
Specifically, in the last auction held in October, the yield on the 12-month bond was 1.7%, decreasing by 0.1 pp from the average of September, while the 10-year bond premium increased by approximately 0.2 pp, in 5.2%, from the respective last value.
“The current level of yields is below the values of the beginning of the year and those of last year. The financial market has appeared calm in adapting to the dynamics of the government offer”, said the Bank of Albania. /j.p/p.s./
