The Albanian government is planning to issue its fifth Eurobond in the coming months. According to the Ministry of Finance (MoF) the value of the issue will be around €500 million.
Last week, MoF issued a request for proposal for hiring a legal consultant to assist the government in preparing in all aspects regarding the issuance. The value of the service is capped at about €182 thousands, and the deadline for submitting proposals is July 22nd.
In June 2020, Albania issued a €650 million Eurobond, with a coupon of 3.65 per cent and seven-year maturity.
The seven-year Eurobond issued in 2018 had a value of €450 million and a coupon of 3.50 percent, while in 2015 it issued a five-year €450 million Eurobond with a coupon of 5.75 per cent. Albania first issued an Eurobond in 2015, with a value of 300 million and a coupon of 7.50 percent.