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Albania sells 2 bln leks (16.0 mln euro) of 6-mo T-bills – table

Albania sells 2 bln leks (16.0 mln euro) of 6-mo T-bills – table Bank of Albania/All Rights Reserved

TIRANA (Albania), February 12 (SeeNews) – Albania's finance ministry said on Tuesday it raised a total of 2 billion leks ($18.1 million/16.0 million euro) at an auction of six-month Treasury bills, in line with target.

The average yield on the six-month Treasury bills fell to 1.07%, from 1.34% at the last auction held in October, the finance ministry said in a statement.

Details follow:

Auction date  Feb 12 Oct 2
Amount offered (bln leks) 2 1.5
Amount sold (bln leks) 2 1.23
Total bids placed (bln leks) 5.1 1.23
Bid-to-cover ratio 2.54 0.82
Maximum requested yield 1.2% 1.34%
Maximum accepted yield 1.1% 1.34%
Minimum yield 1.05% 1.34%
Average weighted yield 1.07% 1.34%

(1 euro = 123.384 leks)

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