April 17 (SeeNews) - Albania's finance ministry sold 2.3 billion leks ($24 million/22.6 million euro) worth of Treasury notes at an auction held on April 17, the central bank said on Wednesday.
Maximum accepted yield came in at 4.71% at the auction, the central bank said in a data release. The government securities will mature on February 23, 2027.
At the previous auction of three-year Treasury notes of the same issue held in March 18, the finance ministry sold 2.3 billion leks worth of debt paper at a maximum accepted yield of 4.90%.
Details follow (in billions of leks unless stated otherwise):
Auction date |
April 17 |
March 18 |
Amount offered |
2 |
2 |
Amount sold |
2.3 |
2.3 |
Total bids placed |
5 |
5.9 |
Bid-to-cover ratio |
2.19 |
2.57 |
Maximum accepted yield |
4.71% |
4.90% |
Coupon rate |
4.70% |
4.70% |
(1 euro = 101.7 Albanian leks)