Issuance of Bonds
After signing a regulation for primary and secondary government bonds with the Ministry of Finance in December 2011, the Central Bank of Kosovo issued bonds for the first time on January 17, 2012. During its first auction, the CBK was able to collect a sum of €10 million worth of monetary assets. Another €64 million could be raised during the rest of 2012, bringing the total value of bonds issued during 2012 to €74 million, just as was declared by an adviser to the Minister of Finance on January 9, 2012. It is expected that during the course of 2013, the CBK will be able to raise a sum equal to €80 million.
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Famous quotes containing the word bonds:
“It’s rather grisly, isnt it, how soon a living man becomes nothing more than a collection of stocks and bonds and debts and real estate?”
—John Dos Passos (1896–1970)