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Albania sells 120 mln euro of 1-yr T-bills

Feb 27, 2024, 4:25:42 PMArticle by Genta Hodo
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February 27 (SeeNews) - Albania's finance ministry sold 12.5 billion leks ($130.5 million/120.3 million euro) worth of one-year Treasury bills at an auction on Tuesday, central bank data showed.

Albania sells 120 mln euro of 1-yr T-bills
Albania's Finance Ministry

The government securities will mature on February 27, 2025.

Average weighted yield came in at 3.63%, same as the average yield achieved at the previous auction of one-year Treasury bills held on February 13, data showed.

Details follow:

Auction date Feb 27 Feb 13
Amount offered (bln leks) 12.5 12.5
Amount sold (bln leks) 12.5 12.4
Total bids placed (bln leks 13.8 12.4
Bid-to-cover ratio 1.1 1
Average weighted yield 3.63% 3.63%

(1 euro= 104 Albanian leks)

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