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Albania sells 4 bln leks (29.8 mln euro) of 2-yr T-notes – table

Albania sells 4 bln leks (29.8 mln euro) of 2-yr T-notes – table Autor: Bank of Albania Licence: All Rights Reserved

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)

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