May 9 (SeeNews) - Albania's finance ministry sold 4.43 billion leks ($47.3 million/44.1 million euro) worth of seven-year fixed-rate bonds at an auction held Wednesday, central bank data showed.
The government securities will mature on May 10, 2031, the central bank said in a data release.
At the last auction of seven-year T-bonds of the same issue held on February 29, the finance ministry sold 3.45 billion leks worth of government debt paper.
Details follow (in billions of leks unless stated otherwise):
Auction date |
May 8 |
Feb 29 |
Amount offered |
4 |
3 |
Amount sold |
4.43 |
3.45 |
Total bids placed |
6.05 |
6.11 |
Bid-to-cover ratio |
1.36 |
1.77 |
Maximum accepted yield |
5.78% |
5.98% |
Coupon rate |
5.78% |
6.03% |
(1 euro = 100.6 leks)