{"id":734649,"date":"2025-04-09T12:23:50","date_gmt":"2025-04-09T10:23:50","guid":{"rendered":"https:\/\/www.hashtag.al\/?p=734649"},"modified":"2025-04-09T12:23:50","modified_gmt":"2025-04-09T10:23:50","slug":"te-huajt-po-blejne-borxhin-shqiptar-financuan-28-te-huamarrjes-se-brendshme","status":"publish","type":"post","link":"https:\/\/www.hashtag.al\/index.php\/2025\/04\/09\/te-huajt-po-blejne-borxhin-shqiptar-financuan-28-te-huamarrjes-se-brendshme\/","title":{"rendered":"T\u00eb huajt po blejn\u00eb borxhin shqiptar, financuan 28% t\u00eb huamarrjes s\u00eb brendshme","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"

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Investitor\u00ebt nga jasht\u00eb vendit luajt\u00ebn nj\u00eb rol t\u00eb r\u00ebnd\u00ebsish\u00ebm n\u00eb tregun e instrumenteve t\u00eb borxhit n\u00eb Lek\u00eb t\u00eb qeveris\u00eb shqiptare vitin e kaluar.<\/span><\/p>\n

T\u00eb dh\u00ebnat e Bank\u00ebs s\u00eb Shqip\u00ebris\u00eb treguan se p\u00ebr vitin 2024 investitor\u00ebt jorezident\u00eb financuan 28% t\u00eb shtes\u00ebs s\u00eb huamarrjes s\u00eb qeveris\u00eb shqiptare n\u00eb tregun e brendsh\u00ebm financiar.<\/span><\/p>\n

Duke qen\u00eb se huamarrja e brendshme (duke p\u00ebrjashtuar rifinancimet) ishte rreth 50 miliard\u00eb lek\u00eb, mund t\u00eb llogaritet se subjektet jorezidente investuan rreth 14 miliard\u00eb lek\u00eb ose af\u00ebrsisht 140 milion\u00eb euro n\u00eb letra borxhi t\u00eb qeveris\u00eb shqiptare.<\/span><\/p>\n

Pjes\u00ebmarrja e investitor\u00ebve t\u00eb huaj n\u00eb tregun e instrumenteve t\u00eb borxhit n\u00eb Lek\u00eb t\u00eb qeveris\u00eb shqiptare ishte nj\u00eb risi absolute p\u00ebr vitin e kaluar. Sipas burimeve nga tregu, k\u00ebta investitor\u00eb investuan kryesisht n\u00eb obligacionet reference, me maturitet 3-vje\u00e7ar, 4-vje\u00e7ar dhe 5-vje\u00e7ar.<\/span><\/p>\n

Megjith\u00ebse profili i investitor\u00ebve \u00ebsht\u00eb i mbrojtur nga rregullat e konfidencialitetit, burimet b\u00ebjn\u00eb t\u00eb ditur se b\u00ebhet fjal\u00eb kryesisht p\u00ebr sip\u00ebrmarrje t\u00eb investimeve kolektive (fonde investimi), q\u00eb kan\u00eb vendosur p\u00ebr her\u00eb t\u00eb par\u00eb t\u00eb p\u00ebrfshijn\u00eb edhe obligacionet n\u00eb Lek\u00eb t\u00eb qeveris\u00eb shqiptare n\u00eb portofolet e tyre.<\/span><\/p>\n

Nj\u00eb interes i lart\u00eb i investitor\u00ebve p\u00ebr titujt e qeveris\u00eb shqiptare \u00ebsht\u00eb v\u00ebrejtur edhe n\u00eb emetimet e Eurobondit, gjat\u00eb viteve t\u00eb fundit. N\u00eb muajin shkurt 2025, shteti shqiptar emetoi\u00a0Eurobonde<\/a>\u00a0p\u00ebr nj\u00eb vler\u00eb totale prej 650 milion\u00eb eurosh, me nj\u00eb yield prej 5%. K\u00ebrkesa p\u00ebr Eurobondet shqiptare e paraqitur nga investitor\u00ebt ka qen\u00eb shum\u00eb e lart\u00eb dhe arriti shum\u00ebn totale t\u00eb 3.7 miliard\u00eb eurove.<\/span><\/p>\n

Interesi i investitor\u00ebve t\u00eb huaj tashm\u00eb po shtrihet edhe n\u00eb titujt e emetuar n\u00eb tregun e brendsh\u00ebm, n\u00eb Lek\u00eb.<\/span><\/p>\n

Hyrja e k\u00ebtyre investitor\u00ebve n\u00eb tregun e titujve qeveritar\u00eb n\u00eb lek\u00eb \u00ebsht\u00eb ndikuar edhe nga p\u00ebrmir\u00ebsimi i vler\u00ebsimit t\u00eb borxhit sovran n\u00eb dy vitet e fundit.<\/span><\/p>\n

N\u00eb muajin mars t\u00eb k\u00ebtij viti, agjencia e vler\u00ebsimit \u201cS&P Global Ratings<\/a>\u201d p\u00ebrmir\u00ebsoi p\u00ebr her\u00eb t\u00eb dyt\u00eb n\u00eb dy vjet vler\u00ebsimin afatgjat\u00eb t\u00eb borxhit sovran, nga \u201cBB-\u201d n\u00eb \u201cBB\u201d, me perspektiv\u00eb t\u00eb q\u00ebndrueshme.<\/span><\/p>\n

Nj\u00eb vit m\u00eb par\u00eb, n\u00eb mars 2024, Standard&Poor\u2019s e pati p\u00ebrmir\u00ebsuar p\u00ebr her\u00eb t\u00eb par\u00eb vler\u00ebsimin afatgjat\u00eb t\u00eb borxhit sovran t\u00eb Shqip\u00ebris\u00eb nga B+ n\u00eb BB-. N\u00eb vijim, n\u00eb tetor 2024, edhe agjencia tjet\u00ebr Moody\u2019s e p\u00ebrmir\u00ebsoi vler\u00ebsimin nga Ba1 n\u00eb Ba3.<\/span><\/p>\n

K\u00ebrkesa e investitor\u00ebve t\u00eb huaj \u00ebsht\u00eb nd\u00ebr faktor\u00ebt q\u00eb ka ndikuar n\u00eb rritjen e likuiditetit dhe n\u00eb uljen e yield-eve t\u00eb titujve qeveritar\u00eb n\u00eb lek\u00eb gjat\u00eb vitit t\u00eb kaluar, por edhe n\u00eb tremujorin e par\u00eb t\u00eb k\u00ebtij viti.<\/span><\/p>\n

Marzhi mes norm\u00ebs baz\u00eb t\u00eb interesit dhe yield-eve ka zbritur n\u00eb nivelet minimale historike p\u00ebr t\u00eb gjitha instrumentet e borxhit, madje bonot e thesarit kan\u00eb zbritur posht\u00eb nivelit t\u00eb norm\u00ebs baz\u00eb t\u00eb interesit.<\/span><\/p>\n

Sipas buxhetit t\u00eb vitit 2025, vlera e p\u00ebrgjithshme e huamarrjes s\u00eb re t\u00eb parashikuar p\u00ebr t\u2019u financuar n\u00eb tregun e brendsh\u00ebm \u00ebsht\u00eb 50 miliard\u00eb lek\u00eb, vler\u00eb e nj\u00ebjt\u00eb me at\u00eb t\u00eb vitit 2024.\/Monitor<\/strong><\/span><\/a><\/span><\/p>\n","protected":false,"gt_translate_keys":[{"key":"rendered","format":"html"}]},"excerpt":{"rendered":"

Investitor\u00ebt nga jasht\u00eb vendit luajt\u00ebn nj\u00eb rol t\u00eb r\u00ebnd\u00ebsish\u00ebm n\u00eb tregun e instrumenteve t\u00eb borxhit n\u00eb Lek\u00eb t\u00eb qeveris\u00eb shqiptare vitin e kaluar. T\u00eb dh\u00ebnat e Bank\u00ebs s\u00eb Shqip\u00ebris\u00eb treguan se p\u00ebr vitin 2024 investitor\u00ebt jorezident\u00eb financuan 28% t\u00eb shtes\u00ebs s\u00eb huamarrjes s\u00eb qeveris\u00eb shqiptare n\u00eb tregun e brendsh\u00ebm financiar. Duke qen\u00eb se huamarrja e […]<\/p>\n","protected":false,"gt_translate_keys":[{"key":"rendered","format":"html"}]},"author":49,"featured_media":734650,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[65],"tags":[],"class_list":["post-734649","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-lajme"],"gt_translate_keys":[{"key":"link","format":"url"}],"_links":{"self":[{"href":"https:\/\/www.hashtag.al\/index.php\/wp-json\/wp\/v2\/posts\/734649","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.hashtag.al\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.hashtag.al\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.hashtag.al\/index.php\/wp-json\/wp\/v2\/users\/49"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hashtag.al\/index.php\/wp-json\/wp\/v2\/comments?post=734649"}],"version-history":[{"count":99999,"href":"https:\/\/www.hashtag.al\/index.php\/wp-json\/wp\/v2\/posts\/734649\/revisions"}],"predecessor-version":[{"id":734651,"href":"https:\/\/www.hashtag.al\/index.php\/wp-json\/wp\/v2\/posts\/734649\/revisions\/734651"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.hashtag.al\/index.php\/wp-json\/wp\/v2\/media\/734650"}],"wp:attachment":[{"href":"https:\/\/www.hashtag.al\/index.php\/wp-json\/wp\/v2\/media?parent=734649"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hashtag.al\/index.php\/wp-json\/wp\/v2\/categories?post=734649"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hashtag.al\/index.php\/wp-json\/wp\/v2\/tags?post=734649"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}