November 25 (SeeNews) - Albania's finance ministry sold 12.5 billion leks ($111.3 million/107.3 million euro) worth of government securities at two auctions held on November 25, data by the country's central bank shows.
The finance ministry sold 11.5 billion leks worth of one-year Treasury bills that will mature on November 30, 2023, the data shows. Some 2.1 billion leks worth of the offer was reserved for the central bank.
The finance ministry also sold 1 billion leks worth of six-month T-bills with a maturity date of June 1, 2023.
Details follow (in billions of leks unless stated otherwise):
One-year T-bills
Auction date |
November 25 |
November 15 |
Amount offered |
11.5 |
9.775 |
Amount sold |
11.5 |
9.775 |
Total bids placed |
17.144 |
15.613 |
Bid-to-cover ratio |
1.49 |
1.60 |
Maximum requested yield |
6.35% |
6.59% |
Maximum accepted yield |
5.85% |
5.95% |
Minimum requested yield |
5.50% |
5.40% |
Minimum accepted yield |
5.50% |
5.40% |
Average weighted yield |
5.80% |
5.83% |
Six-month T-bills
Auction date |
November 25 |
November 1 |
Amount offered |
1 |
1 |
Amount sold |
1 |
0.802 |
Total bids placed |
1.429 |
1.257 |
Bid-to-cover ratio |
1.429 |
1.257 |
Maximum requested yield |
5.25% |
5.50% |
Maximum accepted yield |
4.68% |
4.64% |
Minimum requested yield |
4.30% |
4.50% |
Minimum accepted yield |
4.30% |
4.50% |
Average weighted yield |
4.64% |
4.57% |
(1 euro = 116.45 leks)