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Albania sells 11.3 bln leks (92 mln euro) of T-bills - table

Albania sells 11.3 bln leks (92 mln euro) of T-bills - table Photo: www.fmf.gov.ba

TIRANA (Albania), 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)

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