November 1 (SeeNews) - Albania's finance ministry sold 12.76 billion leks ($107.4 million/108.2 million euro) worth of government securities at two auctions held on November 1, data by the country's central bank shows.
The finance ministry sold 11.956 billion leks worth of one-year Treasury bills that will mature on November 2, 2023, the data shows. Some 2.75 billion leks worth of the offer was reserved for the central bank.
The finance ministry also sold 802 million leks worth of six-month T-bills with a maturity date of May 4, 2023. Some 200 million leks worth of the offer was reserved for the central bank.
Details follow (in billions of leks unless stated otherwise):
One-year T-bills
Auction date |
November 1 |
October 18 |
Amount offered |
11.956 |
10.5 |
Amount sold |
11.956 |
12.075 |
Total bids placed |
12.657 |
12.691 |
Bid-to-cover ratio |
1.06 |
1.21 |
Maximum requested yield |
5.99% |
5.70% |
Maximum accepted yield |
5.86% |
5.64% |
Minimum requested yield |
5.20% |
4.51% |
Minimum accepted yield |
5.20% |
4.51% |
Average weighted yield |
5.74% |
4.74% |
Six-month T-bills
Auction date |
November 1 |
October 11 |
Amount offered |
1 |
1 |
Amount sold |
0.802 |
1.15 |
Total bids placed |
1.257 |
1.443 |
Bid-to-cover ratio |
1.26 |
1.44 |
Maximum requested yield |
5.50% |
4.57% |
Maximum accepted yield |
4.64 % |
4.51% |
Minimum requested yield |
4.50% |
3.40% |
Minimum accepted yield |
4.50% |
3.40% |
Average weighted yield |
4.57% |
3.83% |
(1 euro = 117.890 leks)