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21-10-26
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15-year bonds auction is reopened

TIRANA, July 27 /ATA/ The Ministry of Finance will reopen a 15-year bond auction next week, offering 1.5 billion lekë to investors. Bank of Albania data shows this reopens the June auction, which saw yields rise. The uniform yield and coupon rate climbed to 6.22% from April’s 5.75%, marking the highest level for 15-year bonds since November 2024.

he latest auction missed its 2 billion lekë target after investor demand slowed, drawing only 1.41 billion lekë in total bids.

Long-term bonds are one of the instruments used by the Ministry of Finance to finance the needs of the state budget and manage public debt. The yield indicator reflects the cost at which the government secures financing from the financial market. /e.xh/a.f/p.s./

 

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