September 13 (SeeNews) - Albania's finance ministry sold 1.7 billion leks ($17 million/16 million euro) worth of seven-year fixed-rate Treasury notes at an auction held on September 13, central bank data showed on Wednesday.
The government securities carry a coupon of 5.06% and will mature on August 14, 2030, the central bank said in a data release.
At the previous auction of seven-year T-notes of the same issue held on August 10, the finance ministry sold 3 billion leks worth of government securities.
Details follow (in billions of leks unless stated otherwise):
| Auction date |
Sept 13 |
Aug 10 |
| Amount offered |
2.5 |
3 |
| Amount sold |
1.7 |
3 |
| Total bids placed |
2.1 |
4.36 |
| Bid-to-cover ratio |
1.23 |
1.45 |
| Maximum requested yield |
5.85% |
5.50% |
| Maximum accepted yield |
5.55% |
5.06% |
| Minimum requested yield |
4.50% |
3.50% |
| Minimum accepted yield |
5.55% |
5.06% |
| Coupon rate |
5.06% |
5.06% |
(1 euro = 106.252 leks)