February 1 (SeeNews) - Albania raised on Wednesday 6.5 billion leks ($50.6 million/47.15 million euro) through the sale of the five-year fixed-rate Treasury notes, as demand exceeded supply, data from the finance ministry showed.
The coupon of the issue fell to 5.15% from 5.25% at the previous auction of five-year fixed rate T-notes held on November 4.
Details follow:
Auction date |
Feb 1 |
Nov 4 |
Amount offered (bln leks) |
6.5 |
5.5 |
Amount sold (bln leks) |
6.5 |
4.69 |
Total bids placed (bln leks) |
10.4 |
4.79 |
Bid-to-cover ratio |
1.60 |
0.87 |
Maximum requested yield |
5.73% |
5.70% |
Minimum requested yield |
4.80% |
3.95% |
Uniform accepted yield |
5.15% |
5.25% |
(1 euro = 135.1 leks)