September 6 (SeeNews) - Albania's finance ministry sold 3 billion leks ($30 million/28 million euro) worth of two-year fixed-rate Treasury notes at an auction held on September 6, central bank data showed on Wednesday.
The government securities carry a coupon of 3.88% and will mature on July 26, 2025, the central bank said in a data release.
At the previous auction of two-year T-notes of the same issue held on August 7, the finance ministry sold 3 billion leks worth of debt paper.
Details follow (in billions of leks unless stated otherwise):
| Auction date |
Sept 6 |
Aug 7 |
| Amount offered |
3 |
3 |
| Amount sold |
3 |
3 |
| Total bids placed |
3.6 |
6.1 |
| Bid-to-cover ratio |
1.23 |
2.03 |
| Maximum requested yield |
4.25% |
4.20% |
| Maximum accepted yield |
3.89% |
3.80% |
| Minimum requested yield |
3.00% |
3.00% |
| Minimum accepted yield |
3.89% |
3.80% |
| Coupon rate |
3.88% |
3.88% |
(1 euro = 107.955 leks)