TIRANA (Albania), August 13 (SeeNews) – Albania’s finance ministry has sold 356.6 million leks ($3.3 million/2.9 million euro) worth of six-month Treasury bills at an auction on Tuesday, below its 2 billion leks target, it said.
The average weighted yield on the government securities rose to 1.48%, from 0.96% at the last auction of six-month T-bills held on May 7, according to auction results published by the finance ministry.
Details follow:
Auction date |
Aug 13 |
May 7 |
Amount offered (bln leks) |
2 |
1.7 |
Amount sold (bln leks) |
0.36 |
0.99 |
Total bids placed (bln leks) |
1.2 |
0.99 |
Bid-to-cover ratio |
3.2 |
0.58 |
Maximum requested yield |
2.03% |
1.03% |
Maximum accepted yield |
1.48% |
1.03% |
Minimum yield |
1.48% |
0.9% |
Average weighted yield |
1.48% |
0.96% |
(1 euro = 122.462 leks)