TIRANA (Albania), August 14 (SeeNews) – Albania's finance ministry has said it raised 2.3 billion leks ($20.9 million/18.3 million euro) through the sale of five-year fixed-rate Treasury notes on August 10, in line with plan.
The coupon rate on the issue amounted to 5.3%, the same as in the last auction of five-year fixed-rate T-notes held in July, according to the results of the auction posted on the website of the finance ministry.
Details follow:
Auction date |
Aug 10 |
July 17 |
Amount offered (bln leks) |
2.3 |
3.0 |
Amount sold (bln leks) |
2.3 |
2.99 |
Total bids placed (bln leks) |
5.837 |
6.25 |
Bid-to-cover ratio |
2.54 |
2.08 |
Maximum requested yield |
5.3% |
5.46% |
Minimum requested yield |
4.77% |
4.8% |
Coupon |
5.3% |
5.3% |
Source: Finance Ministry
(1 euro = 125.693 leks)