Albania’s Eurobond Performance During 2010 -2013

Albania issued the first Eurobond in international markets on November 4th of 2010. A Eurobond is a bond issued in international markets (not locally) with a maturity of 1 year or more. At the announcement the bond had a 7.625% yield.  This instrument is comparable to other government bonds already issued by Albania, but it: (i) is exclusively traded in foreign international markets and (ii)…