The Albanian government is close to acquiring the 600 million euros debt.
The London Stock Exchange has confirmed and listed the country’s request for the next “Eurobond” with a maturity period of 5 years and an interest rate of 5.9%.
The 194-page document accompanying the debt issuance request includes a comprehensive analysis of Albania and its economy, which investors must assess to determine whether there is a risk or not in lending under current conditions.
After the risk of inflation and instability in the energy market, the document also considers informal economy, corruption, the judicial system, and the government’s statistics as risks.
Investors are advised to approach these factors with caution, along with the risks arising from their inaccuracy.
Initially, the Albanian government planned to borrow 500 million euros for this year, but the depreciation of the euro currency has prompted authorities to request an additional 100 million euros.
The majority of this amount is expected to be used to finance previous debts, and in the 13-year history of Eurobond requests, this is the 6th issuance in international markets.
