Maximum accepted yield came in at 4.90% at the auction, the central bank said in a data release. The government securities will mature on February 23, 2027.
At the latest auction of three-year Treasury notes of the same issue held in February 21, the finance ministry sold 5.75 billion leks worth of debt paper at a maximum accepted yield of 5.11%.
Details follow (in billions of leks unless stated otherwise):
Auction date | March 18 | Feb 21 |
Amount offered | 2 | 5 |
Amount sold | 2.3 | 5.75 |
Total bids placed | 5.9 | 7.8 |
Bid-to-cover ratio | 2.57 | 1.35 |
Maximum accepted yield | 4.90% | 5.11% |
Coupon rate | 4.70% | 4.70% |
(1 euro = 103.5 Albanian leks)