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)