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Albania sells 34 mln euro of 2034 T-bonds

Apr 23, 2024, 3:19:31 PMArticle by Genta Hodo
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April 23 (SeeNews) - Albania's finance ministry sold 3.45 billion leks ($36.5 million/34.2 million euro) worth of fixed-rate Treasury bonds at an auction held on Tuesday, the central bank said.

Albania sells 34 mln euro of 2034 T-bonds
Albania's Finance Ministry

The maximum accepted yield came in at 6.36%, the central bank said in a data release. The government securities will mature on January 24, 2034.

At the last auction of ten-year Treasury notes of the same issue held in January, the finance ministry sold 4.15 billion leks worth of debt paper at maximum accepted yield of 6.78%.

Details follow (in billions of leks unless stated otherwise):

Auction date Apr 23 Jan 22
Amount offered 3 4
Amount sold 3.45 4.15
Total bids placed 7.95 4.77
Bid-to-cover ratio 2.3 1.14
Maximum accepted yield 6.36% 6.78%
Coupon rate 6.78% 6.78%

(1 euro = 100.8 Albanian leks)

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