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Albania sells 2.4 bln leks (21 mln euro) of 3-yr T-notes - table

Aug 23, 2022, 3:06:09 PMArticle by Dragana Petrushevska
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August 23 (SeeNews) - Albania's finance ministry sold 2.407 billion leks ($20.4 million/20.6 million euro) worth of three-year Treasury notes at an auction on Tuesday, data by the country's central bank showed.

Albania sells 2.4 bln leks (21 mln euro) of 3-yr T-notes - table
Photo: www.fmf.gov.ba

The coupon on the issue was set at 2.80%, unchanged compared with the previous auction of three-year government securities held in June, according to figures published by the finance ministry.

The government securities, first issued on February 28, 2022, will mature on February 28, 2025.

Details follow:

Auction date August 23 June 20
Amount offered (bln leks) 3.5 3.5
Amount sold (bln leks) 2.407 1.86
Total bids placed (bln leks) 2.516 1.96
Bid-to-cover ratio 1.05 1.05
Maximum requested yield 5.30% 4.20%
Maximum accepted yield 5.20% 3.76%
Minimum requested yield 2.90% 3.40%
Minimum accepted yield 4.25% 3.40%
Coupon 2.80% 2.80%

(1 euro = 116.926 leks)

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