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)