The Albanian government has secured a €650 million Eurobond on the London Stock Exchange, with an interest rate of 5% and a 10-year maturity period.

According to economic experts, this debt has been obtained under favorable conditions, thanks to the high interest from investors.

Economic expert Elvin Meka assesses that the Eurobond agreement falls within optimal levels, considering global interest rates and the risk premium applied to this rate.

“The fact that there was high demand for purchasing this Eurobond demonstrates that Albania has overcome the phase of distrust in international markets,” says Meka.

Initially, the interest rate was set at 5.5%, but due to strong investor demand, it was lowered to 5%, improving the agreement terms for the government.

“From the perspective of Albania’s economic development over the years, issuing a 10-year Eurobond in the international market is a positive step. More precisely, we can consider it a positive indicator. The strong demand for this Eurobond in global markets shows that Albania has moved past the phase of investor skepticism,” adds expert Elvin Meka.

This marks Albania’s seventh Eurobond issuance in international markets.

The first was issued in 2010 with a value of €300 million, followed by subsequent issuances in 2015, 2018, 2020, and 2021.