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Albania sells 13.9 bln leks (105 mln euro) in 6-mo, 1-yr T-bills - table

Albania sells 13.9 bln leks (105 mln euro) in 6-mo, 1-yr T-bills - table Author: Bank of Albania Licence: All Rights Reserved

TIRANA (Albania), July 4 (SeeNews) - Albania raised a combined 13.9 billion leks ($119.2 million/105 million euro) from the sale of six-month and one-year Treasury bills, in line with its target, data from the central bank showed.

The average weighted yield of both issues edged up, compared to the previous auctions of like government bills.

Details follow:

6-month T-bills

Auction date July 4 May 9
Amount offered (bln leks) 5 3.18
Amount sold (bln leks) 5 3.18
Total bids placed (bln leks) 5.83 3.18
Bid-to-cover ratio 1.17 1
Maximum requested yield  1.74% 1.62%
Maximum accepted yield 1.65% 1.62%
Minimum yield 1.65% 1.48%
Average weighted yield 1.65% 1.54%

1-year T-bills

Auction date July 4 June 20
Amount offered (bln leks) 8.9 9.2
Amount sold (bln leks) 8.9 9.2
Total bids placed (bln leks) 9.73 11.01
Bid-to-cover ratio 1.09 1.2
Maximum requested yield 2.29% 2.35%
Maximum accepted yield 2.15% 2.17%
Minimum yield 2.00% 1.90%
Average weighted yield 2.10% 2.06%

(1 euro = 132.421 leks)

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