November 15 (SeeNews) - Albania's finance ministry sold 10.774 billion leks ($95.7 million/91.3 million euro) worth of government securities at two auctions held on November 15, data by the country's central bank shows.
The finance ministry sold 9.775 billion leks worth of one-year Treasury bills that will mature on November 16, 2023, the data shows. Some 1.15 billion leks worth of the offer was reserved for the central bank.
The finance ministry also sold 999 million leks worth of three-month T-bills with a maturity date of February 16, 2023. 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 |
November 15 |
November 1 |
Amount offered |
9.775 |
11.956 |
Amount sold |
9.775 |
11.956 |
Total bids placed |
15.613 |
12.657 |
Bid-to-cover ratio |
1.60 |
1.06 |
Maximum requested yield |
6.59% |
5.99% |
Maximum accepted yield |
5.95% |
5.86% |
Minimum requested yield |
5.40% |
5.20% |
Minimum accepted yield |
5.40% |
5.20% |
Average weighted yield |
5.83% |
5.74% |
Three-month T-bills
Auction date |
November 15 |
October 4 |
Amount offered |
1 |
1 |
Amount sold |
0.999 |
1 |
Total bids placed |
2.096 |
1.268 |
Bid-to-cover ratio |
2.10 |
1.27 |
Maximum requested yield |
4.03% |
3.00% |
Maximum accepted yield |
3.30% |
2.90% |
Minimum requested yield |
2.75% |
1.50% |
Minimum accepted yield |
2.75% |
1.50% |
Average weighted yield |
2.91% |
2.78% |
(1 euro = 117.963 leks)