October 20 (SeeNews) - Albania sold 2.87 billion leks ($22.9 million/21.05 million euro) in two-year fixed-rate Treasury notes, below its target of 3 billion leks, data from the country's central bank show.
The coupon climbed to 2.70% from 2.03% at the previous similar auction on September 20, the central bank said on Thursday.
Details follow:
2-year fixed-rate T-notes
Auction date |
Oct 20 |
Sept 20 |
Amount offered (bln leks) |
3 |
4.2 |
Amount sold (bln leks) |
2.87 |
0.65 |
Total bids placed (bln leks) |
2.87 |
0.65 |
Bid-to-cover ratio |
0.96 |
0.15 |
Maximum accepted yield |
2.70% |
2.03% |
Minimum accepted yield |
2.70% |
2.03% |
Minimum requested yield |
2.00% |
1.81% |
Coupon |
2.70% |
2.03% |
(1 euro = 136.322 leks)