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The government borrows again in the foreign market, the value of the Eurobond

Politiko 2022-12-05 11:08:07

The government borrows again in the foreign market, the value of the Eurobond

The Albanian government will again seek debt in the foreign market. The value of the Eurobond is estimated at around 500 million euros. The Ministry of Finance and Economy has announced the competition for a Legal Advisor who will assist the process.

This is the sixth Eurobond issued by Albania, since 2010 when it first appeared on the international markets to secure debt. The total value of Eurobonds received so far is 1.8 billion euros.

Minister Delina Ibrahimaj announced the receipt of this loan some time ago.

"In 2023, the new Eurobond with a minimum value of 500 million euros. This does not condition the normality of the budget development. The work has started and ready to go to the market for the Eurobond at the beginning of 2023, this will be realized only if the conditions are efficient" , she said.

 

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