May 5 (SeeNews) - Albania's finance ministry sold 3.74 billion leks ($32.9 million/31.1 million euro) worth of two-year Treasury notes at an auction on Thursday, below its 5 billion leks target, data by the country's central bank shows.
The government securities, first issued on April 6, will mature on April 6, 2024, the data shows.
Details follow (in millions of leks unless stated otherwise):
Auction date |
May 5 |
April 13 |
Amount offered |
5,000 |
100 |
Amount sold |
3,739.7 |
69.131 |
Total bids placed |
3,740.7 |
79.131 |
Bid-to-cover ratio |
1.00 |
1.14 |
Maximum requested yield |
2.80% |
3.38% |
Maximum accepted yield |
2.74% |
2.20% |
Minimum requested yield |
1.85% |
1.45% |
Minimum accepted yield |
2.74% |
2.20% |
Coupon |
2.56% |
2.20% |
(1 euro = 120.123 leks)