March 2 (SeeNews) - Albania's finance ministry sold 11.3 billion leks ($110 million/91.5 million euro) worth of Treasury bills at two auctions held on Tuesday, data by the country's central bank shows.
The finance ministry sold 9.8 billion leks worth of one-year Treasury bills that will mature on March 3, 2022, the data shows. Some 3 billion leks worth of the offer was reserved for the central bank.
The ministry also sold 1.5 billion leks worth of six-month Treasury bills with a maturity date of September 2, 2021.
Details follow (in billions of leks unless stated otherwise):
One-year T-bills
Auction date |
March 2 |
February 16 |
Amount offered |
9.8 |
10.7 |
Amount sold |
9.8 |
10.7 |
Total bids placed |
12.25 |
10.96 |
Bid-to-cover ratio |
1.25 |
1.02 |
Maximum requested yield |
2.50% |
2.37% |
Maximum accepted yield |
2.29% |
2.30% |
Minimum requested yield |
1.55% |
1.96% |
Average weighted yield |
2.10% |
2.14% |
Six-month T-bills
Auction date |
March 2 |
February 2 |
Amount offered |
1.5 |
1.2 |
Amount sold |
1.5 |
1 |
Total bids placed |
2.3 |
1.2 |
Bid-to-cover ratio |
1.53 |
1.2 |
Maximum requested yield |
1.95% |
1.90% |
Maximum accepted yield |
1.82% |
1.77% |
Minimum requested yield |
1.70% |
1.50% |
Average weighted yield |
1.76% |
1.58% |
(1 euro = 123.563 leks)