TIRANA (Albania), September 14 (SeeNews) – Albania's finance ministry said on Friday it raised 3.45 billion leks ($31.5 million/27.1 million euro) from the sale of two-year fixed-rate Treasury notes, below its 4.0 billion leks target.
The coupon rate on the issue rose to 2.2% from 2.15% in the last auction of two-year fixed-rate T-notes held in August, according to figures published on the website of the finance ministry.
Details follow:
Auction date |
September 14 |
August 15 |
Amount offered (bln leks) |
4 |
4 |
Amount sold (bln leks) |
3.45 |
4 |
Total bids placed (bln leks) |
4.05 |
5.05 |
Bid-to-cover ratio |
1.01 |
1.26 |
Maximum requested yield |
2.29% |
2.3% |
Minimum requested yield |
1.89% |
1.99% |
Coupon |
2.2% |
2.15% |
(1 euro = 126.214 leks)