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Albania sells 2 bln leks (16.2 mln euro) of 2-yr T-notes – table

Dec 16, 2019, 6:07:00 PMArticle by Klaudjo Jonuzaj
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TIRANA (Albania), December 16 (SeeNews) – Albania's finance ministry sold 2 billion leks ($18.0 million/16.2 million euro) worth of two-year fixed-rate Treasury notes at an auction on December 16, figures show.

Albania sells 2 bln leks (16.2 mln euro) of 2-yr T-notes – table
Bank of Albania/All Rights Reserved

The coupon on the issue was set at 2.44%, unchanged from the last auction of two-year fixed-rate T-notes held on November 15, according to data published by the finance ministry.

Details follow:

Auction date Dec 16 Nov 15
Amount offered (bln leks) 2 3
Amount sold (bln leks) 2 3
Total bids placed (bln leks) 3.1 3.8
Bid-to-cover ratio 1.57 1.28
Maximum requested yield 3.2% 2.62%
Minimum requested yield 1.75% 1.9%
Coupon 2.44% 2.44%

(1 euro = 121.521 leks)

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