{"id":10112,"date":"2016-06-16T15:59:30","date_gmt":"2016-06-16T15:59:30","guid":{"rendered":""},"modified":"2016-06-16T15:59:30","modified_gmt":"2016-06-16T15:59:30","slug":"domestic-debt-holders-2010-2015-banks-and-financial-institutions","status":"publish","type":"post","link":"https:\/\/ndiqparate.al\/?p=10112&lang=en","title":{"rendered":"Domestic debt holders 2010-2015, Banks and Financial Institutions"},"content":{"rendered":"\n
Open
\n Data Albania is exploring the structure of domestic debt by providing
\ndetails on debt holders throughout 2010-2015. The stock of domestic debt
\n consists of treasury bills and bonds, which are short-term and
\nlong-term instruments. Bank of Albania holds a part of the government
\ndebt as a way to keep under control the rate of treasury bills trading
\nthrough sale and purchase. The Central Bank should influence the supply
\nand demand for these debt instruments. Commercial banks invest in
\ndomestic debt some of their deposits they receive from customers. <\/p>\n

This
\ninvestment of commercial banks, or differently known as second level
\nbanks is considered as a low-risk investment alternative. Non-bank
\nfinancial institutions and non-financial institutions in Albania are
\nrepresented mainly by insurance companies, pension funds and investment
\nfunds. <\/p>\n

These institutions, involve the funds they receive from their
\nclients into marketable government securities as the only form of
\nsecurities investment in Albania, instead of investing marketable
\nsecurities on the stock exchange. Individuals mainly participate in the
\nauctions conducted on domestic debt securities in order to ensure
\nreturns from the rates offered by bonds or debentures, as a better
\ndirect investment alternative compared to bank deposits at the second
\nlevel banks.<\/p>\n