May 25 (SeeNews) - Albania's finance ministry sold 1.85 billion leks ($18 million/16.7 million euro) worth of three-year fixed rate Treasury notes at an auction on May 24, data by the country's central bank shows.
The minimum accepted yield came in at 4.1%, whereas the maximum accepted yield reached 4.55%, the data shows.
The Treasury notes will mature on February 24, 2026.
At the last auction of three-year Treasury notes of the same issue held on April 24, the finance ministry sold 2.3 billion leks worth of government securities at a minimum accepted yield of 4.32% and maximum accepted yield of 4.57%.
More details follow:
Auction date |
May 24 |
April 24 |
Amount offered (bln leks) |
2 |
2 |
Amount sold (bln leks) |
1.85 |
2.3 |
Total bids placed (bln leks) |
1.85 |
4.27 |
Bid-to-cover ratio |
1 |
1.85 |
Maximum requested yield |
4.55% |
5.03% |
Maximum accepted yield |
4.55% |
4.57% |
Minimum requested yield |
4.1% |
4.32% |
Minimum accepted yield |
4.1% |
4.32% |
Coupon |
5% |
5% |
(1 euro = 110.544 Albanian leks)