TIRANA (Albania), June 7 (SeeNews) – Albania's finance ministry said on Thursday it raised 3 billion leks ($28.2 million/24 million euro) at an auction of seven-year fixed-rate Treasury notes, in line with target.
The coupon on the issue slightly decreased to 5.78% from 5.86% at the last auction of seven-year fixed-rate T-notes held in February, according to results of the auction posted on the website of the ministry.
Details follow:
Auction date |
June 7 |
Feb 27 |
Amount offered (bln leks) |
3 |
4 |
Amount sold (leks) |
3 |
3.36 |
Total bids placed (leks) |
3.79 |
3.66 |
Bid-to-cover ratio |
1.26 |
0.92 |
Maximum requested yield |
5.88% |
6.5% |
Minimum requested yield |
4.8% |
5.3% |
Coupon |
5.78% |
5.86% |
(1 euro = 123.783 leks)