TIRANA (Albania), October 7 (SeeNews) – Albania's finance ministry said on Monday it sold 2 billion leks ($17.9 million/16.3 million euro) worth of ten-year fixed-rate Treasury notes, in line with its target.
The coupon rate on the issue was set at 5.53%, unchanged from the last auction of ten-year T-notes held in July, according to figures published on the website of the finance ministry.
Details follow:
Auction date |
Oct 7 |
July 4 |
Amount offered (bln leks) |
2 |
3 |
Amount sold (bln leks) |
2 |
3 |
Total bids placed (bln leks) |
3.5 |
3.6 |
Bid-to-cover ratio |
1.77 |
1.19 |
Maximum requested yield |
6.3% |
5.8% |
Minimum requested yield |
4.5% |
4.01% |
Coupon |
5.53% |
5.53% |
Source: Finance Ministry
(1 euro = 122.124 leks)