TIRANA (Albania), March 11 (SeeNews) – Albania's finance ministry said on Monday it raised 3 billion leks ($27 million/24 million euro) at an auction of seven-year fixed-rate Treasury notes, in line with plan, official figures show.
The coupon on the issue was set at 3.75%, down from 5.78% at the last auction of seven-year fixed-rate T-notes held in December, according to figures posted on the website of the ministry.
Details follow:
Auction date |
March 11, 2019 |
Dec 3, 2018 |
Amount offered (bln leks) |
3 |
1.5 |
Amount sold (leks) |
3 |
1.25 |
Total bids placed (leks) |
8.2 |
3.79 |
Bid-to-cover ratio |
2.72 |
2.52 |
Maximum requested yield |
4.84% |
5.78% |
Minimum requested yield |
2.98% |
4.5% |
Coupon |
3.75% |
5.78% |
(1 euro = 124.050 leks)