Maximum accepted yield came in at 4.48% 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 on April 17, the finance ministry sold 2.3 billion leks worth of debt paper at a maximum accepted yield of 4.71%.
Details follow (in billions of leks unless stated otherwise):
Auction date | May 20 | April 17 |
Amount offered | 2 | 2 |
Amount sold | 2.3 | 2.3 |
Total bids placed | 3.3 | 5 |
Bid-to-cover ratio | 1.43 | 2.19 |
Maximum accepted yield | 4.48% | 4.71% |
Coupon rate | 4.70% | 4.70% |
(1 euro = 100.4 Albanian leks)