KPST invests additional €50m in the securities of the Government of Kosovo

Kosovo Pension Savings Trust (KPST), through direct placement, has invested another € 50 million with a 10-year maturity in the securities of the Government of the Republic of Kosovo. The interest rate for this investment will be 3.95% and the interest payment will be made every 6 months. KPST, in this way, has continued the investment within the country, always keeping in mind the mandatory principles of the Law on Pension Funds of Kosovo, aimed at protecting the interest of contributors through: 1) security of the pension fund; 2) variety of investments; 3) maximum profit in accordance with the security of the pension fund and 4) maintenance of adequate liquidity.

Along with this investment, KPST already has a total of € 385 million in the securities of the Government of Kosovo, thus constituting about 20% of all investments of the institution. Calculating the deposits in banks in Kosovo (about €188 million), the funds invested in Kosovo have already reached €573 million, or about 30% of all means in the fund. These are the highest investments ever made by the KPST in Kosovo.

It is understood that in addition to the main role that investments have in maintaining and increasing the value of pension savings of KPST contributors, investments in Kosovo (especially at this time) serve indirectly to help the difficult economic situation that the country is going through due to the Covid-19 pandemic. And this fact has also been respected. The Governing Board, as it has repeatedly stated, reiterates its stance that KPST funds should be invested within the country as much as possible, as long as this is legally possible and in the interest of the contributors.