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Albania sells 3 bln leks (24.3 mln euro) of 2-yr T-notes – table

Albania sells 3 bln leks (24.3 mln euro) of 2-yr T-notes – table Bank of Albania/All Rights Reserved

TIRANA (Albania), November 18 (SeeNews) – Albania's finance ministry sold 3 billion leks ($26.9 million/24.3 million euro) worth of two-year fixed-rate Treasury notes at an auction on November 15, figures show.

The coupon on the issue was set at 2.44%, unchanged from the last auction of two-year fixed-rate T-notes held on October 21, according to data published by the finance ministry.

Details follow:

Auction date November 15 October 21
Amount offered (bln leks) 3 4
Amount sold (bln leks) 3 4
Total bids placed (bln leks) 3.8 6.3
Bid-to-cover ratio 1.28 1.56
Maximum requested yield 2.62% 2.62%
Minimum requested yield 1.9% 2.3%
Coupon 2.44% 2.44%

(1 euro = 122.285 leks)

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