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Interest rate on 10-year bonds fell to 5.85%

Interest rate on 10-year bonds fell to 5.85%

At Monday’s auction, the 10-year government bond interest rate fell to 5.85% from 6.8% at the auctions held in October, marking the highest level low since 2016.

According to the data of the Bank of Albania, for the amount of ALL 4 billion of bonds issued by the Albanian government, the auctioned demand amounted to over 9 billion ALL.

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The high auction competition has consequently also led to a significant reduction in the bond coupon.

News Source: ATA

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