TIRANA (Albania), May 5 (SeeNews) – Albania's finance ministry sold 12.7 billion leks ($112 million/103 million euro) worth of Treasury bills in two auctions on May 5, data by the country's central bank shows.
The finance ministry sold 10.7 billion leks worth of 12-month T-bills that will mature on May 6, 2021, as well as 2 billion leks worth of six-month government securities with a maturity date of November 5, 2020, according to auction results published by the central bank.
Details follow (in billions of leks unless stated otherwise):
12-month T-bills
Auction date |
May 5 |
April 21 |
Amount offered |
10.7 |
9.7 |
Amount sold |
10.7 |
8.19 |
Total bids placed |
13.5 |
8.19 |
Bid-to-cover ratio |
1.26 |
0.85 |
Maximum requested yield |
2.54% |
2.37% |
Maximum accepted yield |
2.37% |
2.37% |
Minimum yield |
2.0% |
1.9% |
Average weighted yield |
2.25% |
2.16% |
Six-month T-bills
Auction date |
May 5 |
January 7 |
Amount offered |
2 |
1.4 |
Amount sold |
2 |
1.4 |
Total bids placed |
2.6 |
2.03 |
Bid-to-cover ratio |
1.33 |
1.45 |
Maximum requested yield |
2.00% |
2.00% |
Maximum accepted yield |
1.95% |
1.78% |
Minimum yield |
1.50% |
1.40% |
Average weighted yield |
1.81% |
1.50% |
(1 euro = 122.933 leks)