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BoA publishes report on open market operations

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18 years ago
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TIRANA, Jan.14- BoA has released comprehensive data on its market operations and money market transactions for the third quarter of 2007. The interventions of BoA in the open market during the third quarter of 2007 have been focused on injecting liquidity into the banking system when needed. The one week repo-s have been widely used in this regard with an assistance, on average, of 1.1 billion lek per week. Predicting a lack of liquidity, the bank used longer maturity options as well. During August, the purchase with all nominal rights of treasury bills worth 1.5 billion lek was completed.

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Prof. Dr. Alaa Garad is President and Founding Partner of the Stirling Centre for Strategic Learning and Innovation, University of Stirling Innovation Park, Scotland. He is actively engaged in health tourism, higher education and organisational learning across the Western Balkans, including the Global Health Tourism Leadership Programme in Albania.

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