The government will take on less domestic debt. 67.2 billion lek of government bond issuances are planned in the third quarter.
The Albanian government plans to take on 67.2 billion lek of domestic debt in the third quarter. The Ministry of Finance has published the calendar, according to which the highest value of government bond issuances is expected in July.
Specifically, in July, 24.8 billion lek of government securities are expected to be issued, in May around 23.6 billion lek, while in September only 18.8 billion lek.
Compared to the first and second quarters, where the government's domestic borrowing amounted to 132.5 billion and 100 billion lek, debt in the domestic market turned out to be significantly lower in the third quarter.
The most issued type of government securities are bonds, with a number of reopenings as well, but there is also no shortage of 12-month bonds, which were the most issued instrument in the second quarter. Despite the fact that bonds will be issued more quickly, 12-month bonds will be issued in higher amounts, reaching a maximum of 7.8 billion lek in July.
Meanwhile, the Ministry of Finance has launched this year the issuance of a new long-term instrument, 20-year bonds as a market test. This instrument was initially issued in January to be reopened in March, while it was issued for the second time in June to be reopened in September.
Based on the annual borrowing plan, total issuance is expected to be around 356.40 billion lek during 2025. The instrument with the most frequent and highest issuance is expected to be 12-month treasury bills again. During 2025, a total of around 306.41 billion lek will mature, of which 197.34 billion lek are treasury bills and 109.07 billion lek are bonds.
In February, Albania issued a new Eurobond worth 650 million euros, the seventh in its history.
Construction of energy "highways" - Projects / From the line with North Macedonia, to Greece and the submarine cable with Italy
Albania is accelerating the construction of interconnection lines with neighboring countries, while the electricity sector remains dependent on hydropower......
Undeclared workers in tourism are "targeted" - Tax Plan/ No more minimum wage, analysis by employment category
The tax administration will focus this tourist season, in addition to the real declaration of salaries according to the reference set by this institution,......
Fewer Greek and Italian businesses in the country/ Kosovo and Turkey "strengthened" their presence in 2024
In Albania, enterprises with foreign owners or co-owners account for 5.3% of the total number of active businesses in the country. However, their impact on......
Cultural tourism/ Gonxha: 17% more domestic and foreign visitors in the first 5 months of the year!
The Minister of Economy, Culture and Innovation, Blendi Gonxhja, has published figures that clearly speak of the increase in visitor numbers, from......
Albania concludes SEECP Presidency/ Hasani: Regional cooperation, foundation for EU integration!
Albania successfully concludes its Presidency of the South East European Cooperation Process (SEECP) for the period July 2024–June 2025, with the motto......
Greeks don't pay taxes - 3 billion euros in liabilities in the first four months of the year
Greek households and businesses have failed to pay tax obligations totaling 3 billion euros in the first four months of the year. The number of debtors......
Godfathers in Shëngjin: Lezha a positive model in beach management, the challenge is the increase in flows!
The Minister of Tourism and Environment, Mirela Kumbaro, continued her inspections in coastal municipalities today, stopping in the municipality of......
Figures/ How much do Albanians spend on insurance? - Xprimm Report: Much less than Kosovo and the region!
Albanians are the people who spend the least on insurance in all of Central and Southeastern Europe. According to the publishing house Xprimm, an Albanian......
