TIRANA (Albania), January 3 (SeeNews) – Albania's finance ministry said on Wednesday it raised 17.2 billion leks ($153.9 million/127.8 million euro) from the sale of three-month and one-year Treasury bills, slightly below its target of 17.4 billion leks.
The average weighted yields on both issues edged up in the auctions held on December 29.
Details follow:
3-month T-bills
Auction date |
Dec 29 |
Jan 24 |
Amount offered (bln leks) |
5 |
2.5 |
Amount sold (bln leks) |
3.63 |
2.5 |
Total bids placed (bln leks) |
3.6 |
5.2 |
Bid-to-cover ratio |
0.726 |
1.687 |
Maximum requested yield |
1.65% |
1.9% |
Maximum accepted yield |
1.65% |
1.22% |
Minimum yield |
1.25% |
1.22% |
Average weighted yield |
1.311% |
1.22% |
1-year T-bills
Auction date |
Dec 29 |
Dec 5 |
Amount offered (bln leks) |
12.4 |
8.2 |
Amount sold (bln leks) |
13.53 |
8.2 |
Total bids placed (bln leks) |
13.53 |
11.31 |
Bid-to-cover ratio |
1.091 |
1.379 |
Maximum requested yield |
2.89% |
2.83% |
Maximum accepted yield |
2.89% |
2.72% |
Minimum yield |
2.59% |
2.55% |
Average weighted yield |
2.77% |
2.633% |
(1 euro = 132.628 leks)