TIRANA (Albania), June 17 (SeeNews) – Albania's finance ministry has sold 3 billion leks ($27.4 million/24.5 million euro) worth of seven-year fixed-rate Treasury notes at an auction on June 14, in line with plan, official figures show.
The coupon on the issue was set at 3.75%, unchanged from the previous auction of seven-year fixed-rate T-notes held in March, according to figures published on the website of the ministry.
Details follow:
Auction date |
June 14 |
March 11 |
Amount offered (bln leks) |
3 |
3 |
Amount sold (leks) |
3 |
3 |
Total bids placed (leks) |
3.5 |
8.2 |
Bid-to-cover ratio |
1.17 |
2.72 |
Maximum requested yield |
4.69% |
4.84% |
Minimum requested yield |
3.5% |
2.98% |
Coupon |
3.75% |
3.75% |
(1 euro = 121.095 leks)