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Albania sells 22.6 mln euro of 2025 T-notes

Dec 5, 2023, 4:06:48 PMArticle by Genta Hodo
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December 5 (SeeNews) - Albania's finance ministry sold 2.3 billion leks ($24.5 million/22.6 million euro) worth of fixed-rate Treasury notes at an auction held on December 5, central bank data showed on Tuesday.

Albania sells 22.6 mln euro of 2025 T-notes
Albania's Finance Ministry

The government securities will mature on October 2, 2025, the central bank said in a data release.

At the previous auction of two-year Treasury notes for the same issue held on November 9, the finance ministry sold 3.44 billion leks worth of debt paper.

Details follow (in billions of leks unless stated otherwise):

Auction date Dec 5 Nov 9
Amount offered 2 3
Amount sold 2.29 3.44
Total bids placed 4.56 4.78
Bid-to-cover ratio 1.99 1.38
Maximum accepted yield 4.23% 4.18%
Minimum accepted yield 4.23% 4.18%
Coupon rate 4.04% 4.04%

(1 euro = 101.432 leks)

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