TIRANA (Albania), February 14 (SeeNews) – Albania's finance ministry said on Wednesday it raised 4 billion leks ($36.7 million/29.8 million euro) from the sale of two-year fixed-rate Treasury notes, in line with target.
The coupon rate on the issue edged down to 3.33% from 3.35% in the last auction of two-year fixed-rate T-notes held in January, according to the results of the auction posted on the website of the finance ministry.
Details follow:
Auction date |
Feb 14 |
Jan 18 |
Amount offered (bln leks) |
4 |
4 |
Amount sold (bln leks) |
4 |
4 |
Total bids placed (bln leks) |
5 |
4.75 |
Bid-to-cover ratio |
1.25 |
1.19 |
Maximum requested yield |
3.35% |
3.38% |
Minimum requested yield |
2.95% |
3% |
Coupon |
3.33% |
3.35% |
($=0.8109 euro)