November 18 (SeeNews) - Albania's central bank said on Wednesday it sold 2.6 billion leks ($28.3 million/18.9 million euro) in two-year Treasury notes at an auction on Tuesday as the issue was slightly oversubscribed, the bank said.
Bidders sought to buy 2.7 billion leks worth of T-notes, the central bank, which sells government securities on behalf of the Finance Ministry, said in a statement.
The T-notes carry a coupon of 9.6%. The minimum achieved yield was 9.47% and the maximum was 9.6%. The T-notes' issue date is November 19.
The central bank has sold 27.3 billion leks worth of two-year T-notes since the beginning of the year. Last year the bank auctioned 27.5 billion leks worth of two-year T-notes. The bank issues two-year T-notes each month.
(1 euro = 137.373 Albanian leks)