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Albania sells 23 mln euro of 2027 T-notes

Apr 17, 2024, 4:47:55 PMArticle by Genta Hodo
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April 17 (SeeNews) - Albania's finance ministry sold 2.3 billion leks ($24 million/22.6 million euro) worth of Treasury notes at an auction held on April 17, the central bank said on Wednesday.

Albania sells 23 mln euro of 2027 T-notes

Maximum accepted yield came in at 4.71% at the auction, the central bank said in a data release. The government securities will mature on February 23, 2027.

At the previous auction of three-year Treasury notes of the same issue held in March 18, the finance ministry sold 2.3 billion leks worth of debt paper at a maximum accepted yield of 4.90%.

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

Auction date April 17 March 18
Amount offered 2 2
Amount sold 2.3 2.3
Total bids placed 5 5.9
Bid-to-cover ratio 2.19 2.57
Maximum accepted yield 4.71% 4.90%
Coupon rate 4.70% 4.70%

(1 euro = 101.7 Albanian leks)

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