October 12 (SeeNews) - Albania's finance ministry sold 1.9 billion leks ($15.8 million/16.3 million euro) worth of government securities at two auctions held on October 11, data by the country's central bank shows.
The finance ministry sold 764.8 million leks worth of ten-year Treasury notes that will mature on July 20, 2032, the data shows.
The finance ministry also sold 1.15 billion leks worth of six-month T-bills with a maturity date of April 13, 2023. Some 100 million leks worth of the offer was reserved for the central bank.
Details follow (in billions of leks unless stated otherwise):
Ten-year T-notes
Auction date |
October 11 |
July 18 |
Amount offered |
2 |
2 |
Amount sold |
0.765 |
2 |
Total bids placed |
0.931 |
2.322 |
Bid-to-cover ratio |
1.22 |
1.16 |
Maximum requested yield |
10.00% |
6.25% |
Maximum accepted yield |
7.48% |
6.25% |
Minimum requested yield |
5.90% |
4.90% |
Minimum accepted yield |
7.48% |
6.25% |
Coupon |
6.25% |
6.25% |
Six-month T-bills
Auction date |
October 11 |
August 30 |
Amount offered |
1 |
1.114 |
Amount sold |
1.15 |
1.114 |
Total bids placed |
1.443 |
1.414 |
Bid-to-cover ratio |
1.25 |
1.27 |
Maximum requested yield |
4.57% |
3.25% |
Maximum accepted yield |
4.51% |
3.07% |
Minimum requested yield |
3.40% |
2.70% |
Minimum accepted yield |
3.40% |
2.70% |
Average weighted yield |
3.83% |
2.88% |
(1 euro = 116.660 leks)