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Albania sells 18 mln euro of 15-yr T-bonds

Feb 26, 2024, 3:37:04 PMArticle by Genta Hodo
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February 26 (SeeNews) - Albania's finance ministry sold 1.8 billion leks ($19.1 million/17.7 million euro) worth of 15-year Treasury bonds at an auction held on February 26, central bank data showed on Monday.

Albania sells 18 mln euro of 15-yr T-bonds
Photo: Alex Phil

The government securities have a 7.94% coupon and will mature on February 26, 2039, the central bank said in a data release.

At the last auction of 15-year T-bonds held on September 18, the finance ministry sold 600 million leks worth of government securities at a maximum accepted yield of 7.3%.

Details follow:

Auction date Feb 26 Sept 18
Amount offered (bln leks) 2 1.5
Amount sold (bln leks) 1.84 0.6
Total bids placed (bln leks) 2.26 0.8
Bid-to-cover ratio 1.22 1.35
Maximum accepted yield 7.94% 7.3%
Coupon 7.94% 6.8%

(1 euro = 104 leks)

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