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Albania sells 3 bln leks (24.5 mln euro) of 7-year T-notes – table

Albania sells 3 bln leks (24.5 mln euro) of 7-year T-notes – table Bank of Albania/All Rights Reserved

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)

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