TIRANA (Albania), June 6 (SeeNews) – Albania's finance ministry sold 2.9 billion leks ($26.5 million/23.5 million euro) worth of two-year fixed-rate Treasury notes at an auction on Wednesday, just below its 3 billion leks target, figures show.
The coupon on the issue was set at 1.45%, unchanged from the last auction of two-year fixed-rate T-notes held on May 15, according to figures published on the website of the finance ministry.
Details follow:
Auction date |
June 6 |
May 15 |
Amount offered (bln leks) |
3.0 |
4.0 |
Amount sold (bln leks) |
2.9 |
4.0 |
Total bids placed (bln leks) |
3.2 |
4.7 |
Bid-to-cover ratio |
1.05 |
1.17 |
Maximum requested yield |
2.12% |
2.7% |
Minimum requested yield |
1.3% |
1.3% |
Coupon |
1.45% |
1.45% |
(1 euro = 121.219 leks)