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TIRANA (Albania), October 16 (SeeNews) – Albania's finance ministry said it sold 2.3 billion leks ($20.4 million/18.5 million euro) worth of three-year fixed-rate Treasury notes at an auction on October 16, above its 2.0 billion leks target, as the issue was oversubscribed.
The coupon rate on the issue was set at 2.3%, unchanged from the last auction of three-year fixed-rate T-notes held on August 9, according to figures posted on the website of the finance ministry.
|Auction date||Oct 16||Aug 9|
|Amount offered (bln leks)||2||4|
|Amount sold (bln leks)||2.3||3.4|
|Total bids placed (bln leks)||4.4||3.4|
|Maximum requested yield||2.94%||2.92%|
|Minimum requested yield||2.54%||2.4%|
(1 euro = 122.030 leks)