TIRANA (Albania), November 22 (SeeNews) – Albania's finance ministry said on Thursday it raised 3.0 billion leks ($27.3 million/24 million euro) from the sale of two-year fixed-rate Treasury notes, in line with target.
The coupon rate on the issue edged down to 2.0% from 2.15% at the last auction of two-year fixed-rate T-notes held in October, according to figures published on the website of the finance ministry.
Details follow:
Auction date |
Nov 22 |
Oct 22 |
Amount offered (bln leks) |
3 |
3.5 |
Amount sold (bln leks) |
3 |
3.5 |
Total bids placed (bln leks) |
5.1 |
4.7 |
Bid-to-cover ratio |
1.68 |
1.34 |
Maximum requested yield |
2.15% |
2.28% |
Minimum requested yield |
1.80% |
1.90% |
Coupon |
2.00 |
2.15% |
(1 euro = 123.975 leks)