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Albania sells 10 bln leks (82 mln euro) of T-bills - table

Albania sells 10 bln leks (82 mln euro) of T-bills - table Photo: www.fmf.gov.ba

TIRANA (Albania), May 17 (SeeNews) - Albania's finance ministry sold 10 billion leks ($86.5 million/82.1 million euro) worth of government securities at two auctions held on Tuesday, data by the country's central bank shows.

The finance ministry sold 9 billion leks worth of one-year Treasury bills that will mature on May 18, 2023, the data shows. Some 4.1 billion leks worth of the offer was reserved for the central bank.

The ministry also sold 1 billion leks worth of three-month T-bills with a maturity date of August 18, 2022. Some 300 million leks worth of the offer was reserved for the central bank.

Details follow (in billions of leks unless stated otherwise):

One-year T-bills

Auction date May 17 April 29
Amount offered 9 9
Amount sold 9 9.24
Total bids placed 10.64 12.44
Bid-to-cover ratio 1.18 1.35
Maximum requested yield 2.63% 2.70%
Maximum accepted yield 2.42% 2.38%
Minimum requested yield 1.82% 1.80%
Minimum accepted yield 1.82% 1.80%
Average weighted yield 2.26% 1.95%

Three-month T-bills

Auction date May 17 April 5
Amount offered 1 1
Amount sold 1 0.673
Total bids placed 1.12 0.783
Bid-to-cover ratio 1.12 1.16
Maximum requested yield 1.58% 1.90%
Maximum accepted yield 1.58% 1.48%
Minimum requested yield 1.00% 1.34%
Minimum accepted yield 1.00% 1.34%
Average weighted yield 1.26% 1.43%

(1 euro = 121.861 leks)

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