TIRANA (Albania), September 10 (SeeNews) – Albania's finance ministry has sold 3 billion leks ($27.0 million/24.5 million euro) worth of seven-year fixed-rate Treasury notes at an auction on Tuesday, in line with plan, official figures show.
The coupon on the issue was set at 4.19%, from 3.75% in the last auction of seven-year fixed-rate T-notes held in June, according to figures published on the website of the ministry.
Details follow:
Auction date |
Sept 10 |
June 14 |
Amount offered (bln leks) |
3 |
3 |
Amount sold (leks) |
3 |
3 |
Total bids placed (leks) |
5.2 |
3.5 |
Bid-to-cover ratio |
1.91 |
1.17 |
Maximum requested yield |
4.71% |
4.69% |
Minimum requested yield |
3.5% |
3.5% |
Coupon |
4.19% |
3.75% |
(1 euro = 120.572 leks)