TIRANA (Albania), May 22 (SeeNews) – Albania’s finance ministry said it has sold 10.6 billion leks ($95.7 million/85.8 million euro) worth of one-year Treasury bills at an auction on May 21, in line with target.
The average weighted yield on the government securities issue rose to 1.37% from 1.20% at the previous auction of one-year Treasury bills held on May 7, the finance ministry said in a notice on Tuesday.
Details follow:
Auction date |
May 21 |
May 7 |
Amount offered (bln leks) |
10.6 |
10.7 |
Amount sold (bln leks) |
10.6 |
10.1 |
Total bids placed (bln leks) |
12.1 |
10.1 |
Bid-to-cover ratio |
1.14 |
0.94 |
Maximum requested yield |
1.56% |
1.39% |
Maximum accepted yield |
1.45% |
1.39% |
Minimum yield |
1.24% |
1.07% |
Average weighted yield |
1.37% |
1.20% |
(1 euro = 122.462 leks)