TIRANA (Albania), February 11 (SeeNews) – Albania's finance ministry said on Tuesday it sold 1 billion leks ($88.8 million/81.2 million euro) worth of three-month Treasury bills, in line with target.
The average yield on the issue edged down to 1.29%, from 1.31% at the last auction of three-month Treasury bills held on December 29, 2017, data by the finance ministry showed.
Details follow:
3-month T-bills
Auction date |
Feb 11 |
Dec 29'17 |
Amount offered (bln leks) |
1 |
5 |
Amount sold (bln leks) |
1 |
3.63 |
Total bids placed (bln leks) |
1.7 |
3.6 |
Bid-to-cover ratio |
1.69 |
0.73 |
Maximum requested yield |
1.7% |
1.65% |
Maximum accepted yield |
1.5% |
1.65% |
Minimum yield |
1.05% |
1.25% |
Average weighted yield |
1.29% |
1.31% |
(1 euro = 120.654 leks)