TIRANA (Albania), July 19 (SeeNews) – Albania's finance ministry said on Thursday it raised 4.0 billion leks ($36.8 million/31.6 million euro) through the sale of two-year fixed-rate Treasury notes, in line with plan.
The coupon rate on the issue fell to 2.4% from 2.56% in the last auction of two-year fixed-rate T-notes held in June, according to the results of the auction posted on the website of the finance ministry.
Details follow:
Auction date |
July 19 |
June 21 |
Amount offered (bln leks) |
4.0 |
3.5 |
Amount sold (bln leks) |
4.0 |
3.5 |
Total bids placed (bln leks) |
5.74 |
6.51 |
Bid-to-cover ratio |
1.43 |
1.86 |
Maximum requested yield |
2.5% |
2.90% |
Minimum requested yield |
2.24% |
2.40% |
Coupon |
2.4% |
2.56% |
(1 euro = 125.224 leks)