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Monetary Policy
The Bank of Albania is responsible for formulating, approving and implementing the monetary policy in the Republic of Albania.

What is Monetary Policy?
- Analyses
Markets
In order to implement the monetary policy, the Bank of Albania carries out operations in the interbank market, the foreign exchange market and the government securities market.

Markets
Financial Stability
The Bank of Albania, in cooperation with other authorities, contributes to safeguarding financial stability in Albania.

Financial Stability
- De-euroziaton package
Supervision
The Bank of Albania is responsible for the licencing and supervision of banks and other institutions that conduct banking and financial activities in the Republic of Albania.

Supervision
Resolution
Resolution is the use of appropriate tools in the case of troubled banks facing financial distress.

Resolution
Statistics
The Bank of Albania compiles statistics to support the decision-making processes and bodies and performs statistical functions for the public at large.

Statistics
Currency
The Bank of Albania is the sole authority for issuing banknotes and coins of legal tender in the Republic of Albania. The monetary unit of the Republic of Albania is the "Lek”.

Role of the Bank of Albania in issuing the national currency
- Currency in circulation
Payments
To promote the normal operation and functioning of the payment system, as one of its main duties, the Bank of Albania plays an active role as the operator, overseer and catalyst and reformer of the payment systems.

Payment System
Museum and education
The Bank of Albania has been committed for years to expanding and deepening financial literacy in Albania, through educational activities and publications, as well as through its Museum.

Museum and Education
- Museum of the Bank of Albania
- Education

Treasury bills

How can I take part in the auction?

Individual citizens may take part in the Treasury bill auctions through:

desks of the Bank of Albania
institutions licensed by the relevant authorities for this services

How do I do to take part in the auction through the Bank of Albania?

Open an account for participation in the Treasury bill auction in a commercial bank that is licensed as a settlement agent.
Deposit in this participation account the funds that you will invest.
Go to the desk of the Bank of Albania to open a Treasury bill account and sign the relevant contract with the Bank of Albania. (!) Present an identification document, along the IBAN number of the account opened at the commercial bank.
Fill out the application for participation in the account.

What should I do to take part in the auction through other licensed institutions?

Open an account for participation in the Treasury bill auction at the licensed institution.
Deposit in the participation account the funds that you will invest.
Fill out the application for participation in the auction.

Calculation for treasury bills:
Number of days to maturity
Nominal value
Yield %
	Purchase price: Discount value: