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TIRANA (Albania), November 12 (SeeNews) – Albania's finance ministry said it sold 3.6 billion leks ($31.5 million/28.6 million euro) worth of five-year fixed-rate Treasury notes on November 11, below its 4.0 billion leks target.
The issue carries a coupon of 4.2%, unchanged from the last auction of five-year fixed-rate T-notes held in September, according to figures published by the finance ministry.
|Auction date||Nov 11||Sept 18|
|Amount offered (bln leks)||4||3|
|Amount sold (bln leks)||3.6||3|
|Total bids placed (bln leks)||5.0||4.3|
|Maximum requested yield||4.05%||4.5%|
|Minimum requested yield||3.09%||3.33%|
Source: Finance Ministry
(1 euro = 121.914 leks)