April 2 (SeeNews) - Albania's finance ministry sold 7.33 billion leks ($76.6 million/71.3 million euro) worth of one-year Treasury bills at an auction on Tuesday, below target, central bank data showed.
The government securities will mature on April 3, 2025.
Average weighted yield came in at 3.69%, slightly higher than the 3.65% average yield achieved at the previous auction of one-year Treasury bills held on March 26, data showed.
Details follow:
Auction date |
April 2 |
March 26 |
Amount offered (bln leks) |
9 |
8.5 |
Amount sold (bln leks) |
7.33 |
8.5 |
Total bids placed (bln leks) |
7.33 |
8.56 |
Bid-to-cover ratio |
1 |
1.01 |
Average weighted yield |
3.69% |
3.65% |
(1 euro= 102.7 Albanian leks)