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Albania sells 1.9 bln leks (15.2 mln euro) of 3-yr T-notes – table

Dec 11, 2019, 6:41:13 PMArticle by Klaudjo Jonuzaj

TIRANA (Albania), December 11 (SeeNews) – Albania's finance ministry said it sold 1.9 billion leks ($16.9 million/15.2 million euro) worth of three-year fixed-rate Treasury notes at an auction on Wednesday, just below its 2.0 billion leks target, as the issue was oversubscribed.

Albania sells 1.9 bln leks (15.2 mln euro) of 3-yr T-notes – table

The coupon rate was set at 2.3%, unchanged from the last auction of three-year fixed-rate T-notes held on October 16, according to figures posted on the website of the finance ministry.

Details follow:

Auction date	Dec 11	Oct 16
Amount offered (bln leks)	2.0	2.0
Amount sold (bln leks)	1.9	2.3
Total bids placed (bln leks)	2.6	4.4
Bid-to-cover ratio	1.28	2.18
Maximum requested yield	2.63%	2.94%
Minimum requested yield	2.04%	2.54%
Coupon	2.3%	2.3%

(1 euro = 121.409 leks)

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Bulgaria Economy Report Q4 2023

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Fortenova sells agri unit to Podravka for 333 mln euro

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