TIRANA (Albania), December 21 (SeeNews) – Albania's finance ministry said it raised 3.0 billion leks ($27.7 million/24.3 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 1.94% from 2.0% at the last auction of two-year fixed-rate T-notes held in November, according to figures published on the website of the finance ministry late on Thursday.
Details follow:
Auction date |
Dec 20 |
Nov 22 |
Amount offered (bln leks) |
3 |
3 |
Amount sold (bln leks) |
3 |
3 |
Total bids placed (bln leks) |
4.5 |
5.1 |
Bid-to-cover ratio |
1.52 |
1.68 |
Maximum requested yield |
2.00% |
2.15% |
Minimum requested yield |
1.66% |
1.80% |
Coupon |
1.94% |
2.00% |
(1 euro = 122.510 leks)