November 8 (SeeNews) - Albania's finance ministry said on Wednesday it has raised a combined 11.7 billion leks ($101 million/86.8 million euro) from the sale of six-month and one-year Treasury bills, in line with target.
The average weighted yield of both issues edged up, compared to the previous auctions of like government securities, according to data from Tuesday's auctions published by the finance ministry.
Details follow:
6-month T-bills
Auction date |
Nov 7 |
Oct 3 |
Amount offered (bln leks) |
2.5 |
2.5 |
Amount sold (bln leks) |
1.8 |
2.5 |
Total bids placed (bln leks) |
1.8 |
2.58 |
Bid-to-cover ratio |
0.72 |
1.032 |
Maximum requested yield |
2.04% |
1.85% |
Maximum accepted yield |
2.04% |
1.85% |
Minimum yield |
2.04% |
1.64% |
Average weighted yield |
2.04% |
1.82% |
1-year T-bills
Auction date |
Nov 7 |
Oct 24 |
Amount offered (bln leks) |
9.2 |
8.2 |
Amount sold (bln leks) |
9.9 |
8.2 |
Total bids placed (bln leks) |
10.86 |
8.59 |
Bid-to-cover ratio |
1.18 |
1.05 |
Maximum requested yield |
2.70% |
2.69% |
Maximum accepted yield |
2.68% |
2.61% |
Minimum yield |
2.30% |
2.30% |
Average weighted yield |
2.54% |
2.45% |
(1 euro = 131.898 leks)