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Albania sells 2.5 bln leks (20.3 mln euro) of 7-year T-notes – table

Albania sells 2.5 bln leks (20.3 mln euro) of 7-year T-notes – table Bank of Albania/All Rights Reserved

TIRANA (Albania), December 2 (SeeNews) – Albania's finance ministry sold 2.5 billion leks ($22.4 million/20.3 million euro) worth of seven-year fixed-rate Treasury notes at an auction on Monday, in line with plan, official figures show.

The coupon on the issue was set at 4.19%, unchanged in comparison with the last auction of seven-year fixed-rate government securities held in September, according to figures published on the website of the finance ministry.

Details follow:

Auction date Dec 2 Sept 10
Amount offered (bln leks) 2.5 3
Amount sold (leks) 2.5 3
Total bids placed (leks) 4.1 5.2
Bid-to-cover ratio 1.62 1.91
Maximum requested yield 5% 4.71%
Minimum requested yield 3.3% 3.5%
Coupon 4.19% 4.19%

(1 euro = 122.387 leks)

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