May 23 (SeeNews) - Albania's finance ministry sold 3 billion leks ($29.1 million/27 million euro) worth of five-year fixed rate Treasury notes at an auction on May 22, data by the country's central bank shows.
The Treasury notes will mature on February 13, 2028, the data shows.
The government securities have a coupon rate of 6%.
At the latest auction of five-year Treasury notes from the same issue held on April 26, the finance ministry sold 3.45 billion leks worth of government securities. The minimum yield at the auction was 4% and maximum yield was 4.89%.
More details follow:
Auction date |
May 22 |
April 26 |
Amount offered (bln leks) |
3 |
3 |
Amount sold (bln leks) |
3 |
3.45 |
Total bids placed (bln leks) |
3.5 |
5.573 |
Bid-to-cover ratio |
1.16 |
1.62 |
Maximum requested yield |
6% |
5.8% |
Maximum accepted yield |
4.79% |
4.89% |
Minimum requested yield |
4.4% |
4% |
Minimum accepted yield |
4.4% |
4% |
Coupon |
6% |
6% |
(1 euro = 110.956 Albanian leks)