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TIRANA (Albania), June 20 (SeeNews) – Albania's finance ministry said it sold 3 billion leks ($27.4 million/24.4 million euro) worth of three-year fixed-rate Treasury notes at an auction on June 20, in line with plan, as the issue was oversubscribed.
The coupon rate on the issue was set at 2.3%, unchanged from the last auction of three-year fixed-rate T-notes held in April, according to figures posted on the website of the finance ministry.
|Auction date||June 20||April 11|
|Amount offered (bln leks)||3||3|
|Amount sold (bln leks)||3||3|
|Total bids placed (bln leks)||5.5||4.7|
|Maximum requested yield||2.7%||2.4%|
|Minimum requested yield||2.23%||1.69%|
($ = 0.89203 euro)