Albania: bonds

The internal debt stock makes up a considerable percentage in the total of the debt portfolio. The short-term instruments later September 2012 make up round 54.07 % of the total of the internal debt portfolio, while the long-term instruments amount to 44.02% of the portfolio.

The overwhelming majority of the long-term instruments consists of 2 and 5 year bonds. An increase in percentage is seen also with the 3, 5 and 7 year bonds, respectively by 44 and 98 percentage points. This is connected to the fact that the bulk of the new borrowing during 2012 continues to be made up of the 3, 5 and 7 year bonds, as well as the 12-month treasury bills.

The participation in auctions during 2012 was not stable. A certain number of auctions turned out to be with a cover ratio above 1, thus meeting the needs of the government for bills and bonds.

Outstanding bond issues

Сurrency Outstanding bond issues Cumulative volume
sovereign
ALL 139 495 480 059 000
USD 2 258 750 000
EUR 2 485 000 000

Sovereign rating

Rating AgencyRatingRating scaleDate
RIA Rating *** Sovereign ratings ***
Organisation for Economic Co-operation and Development (OECD) *** Country Risk Classifications ***
Moody's Investors Service *** LT- foreign currency ***
Moody's Investors Service *** LT- local currency ***
S&P Global Ratings *** Foreign Currency LT ***
S&P Global Ratings *** Local Currency LT ***
National Rating Agency *** Global scale ***
Registration required. Please log in or fill in the registration form.

Latest bond issues

issue ISIN coupon volume end of placement maturity date
Albania, GB 3.35 17feb2019 - Domestic bonds 3.35% 5 000 000 000  ALL 02/15/2017 02/17/2019
Albania, TB 10aug2017 6m - Domestic bonds 0% 4 000 000 000  ALL 02/07/2017 08/10/2017
Albania, TB 8feb2018 12m - Domestic bonds 0% 9 700 000 000  ALL 02/07/2017 02/08/2018
Albania, TB 27apr2017 3m - Domestic bonds 0% 2 500 000 000  ALL 01/24/2017 04/27/2017
Albania, TB 25jan2018 12m - Domestic bonds 0% 9 199 990 000  ALL 01/24/2017 01/25/2018
Albania, 0.8 24jan2019 - Domestic bonds 0.8% 39 449 000  ALL 01/20/2017 01/24/2019
Albania, GB 3.8 23jan2019 - Domestic bonds 3.8% 4 800 000 000  ALL 01/19/2017 01/23/2019
Albania, 7.2 9jan2027 - Domestic bonds 7.2% 2 563 300 000  ALL 01/05/2017 01/09/2027
Albania, TB 6jul2017 6m - Domestic bonds 0% 6 990 780 000  ALL 12/29/2016 07/06/2017
Albania, TB 4jan2018 12m - Domestic bonds 0% 10 300 000 000  ALL 12/29/2016 01/04/2018

World Bond market statistics

Monthly indices

Type Jan 2017 Dec 2016 Nov 2016 Oct 2016 Sep 2016 Aug 2016 Jul 2016
Domestic government bond market (Eastern Europe)
Albanian govt Bonds outst., EUR bln (without Bills) 2.27 2.29 2.28 2.21 2.21 2.22 2.20
show other indices

Emerging Markets International Bonds

Monthly indices

Type Jan 2017 Dec 2016 Nov 2016 Oct 2016 Sep 2016 Aug 2016 Jul 2016
Eastern Europe International Bonds Markets
International bonds of Albania, USD bln 0.745 0.733 0.736 0.753 0.764 0.761 0.762
Sovereign international bonds of Albania, USD bln 0.745 0.733 0.736 0.753 0.764 0.761 0.762
Corporate international bonds of Albania, USD bln 0.000 0.000 0.000 0.000 0.000 0.000 0.000
show other indices

Currencies

Daily indices

Type: 02/17/2017 02/16/2017 02/15/2017 02/14/2017 02/13/2017 02/10/2017 02/09/2017
Exchange Rates (Emerging Markets)
EUR/ALL 135.3040 135.5670 135.6080 134.9700 135.4550 135.5560 135.8190
USD/ALL 127.5000 127.0800 128.0460 127.6400 127.7750 127.5090 127.4000
show other indices

Bonds prices

issue volume maturity date bid prices ask prices
date bid price yield date ask price yield
Albania, 5.75% 12nov2020, EUR   EUR 11/12/2020 05/18/2016 *** *.** 05/18/2016 ***.** *.**
* Registration required. Please log in or fill in the registration form.