TIRANA (Albania), October 5 (SeeNews) – Albania's finance ministry sold 4 billion leks ($38 million/32 million euro) worth of two-year Treasury notes at an auction on Monday, official figures showed.
The accepted coupon rate on the government securities was 2.4%, higher compared with the 2.07% coupon rate accepted at the last auction of two-year government securities held in September, according to auction results published by Albania's central bank.
Details follow (in billions of leks unless stated otherwise):
Auction date |
October 5 |
September 16 |
Amount offered |
4 |
4 |
Amount sold |
4 |
4 |
Total bids placed |
7.2 |
6.15 |
Bid-to-cover ratio |
1.8 |
1.54 |
Maximum requested yield |
2.68% |
3.00% |
Maximum accepted yield |
2.4% |
2.38% |
Minimum yield |
1.75% |
2.38% |
Accepted coupon rate |
2.4% |
2.07% |
(1 euro = 124.619 leks)