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Albania sells 4 bln leks (32 mln euro) of 2-yr T-notes – table

Albania sells 4 bln leks (32 mln euro) of 2-yr T-notes – table Bank of Albania/All Rights Reserved

TIRANA (Albania), April 18 (SeeNews) – Albania's finance ministry has sold 4 billion leks ($36.1 million/32 million euro) worth of two-year fixed-rate Treasury notes on April 17, in line with target, figures show.

The coupon on the issue was set at 1.45%, down from 1.92% in the last auction of two-year fixed-rate T-notes held in March, according to figures published on the website of the finance ministry.

Details follow:

Auction date April 17 March 1
Amount offered (bln leks) 4.0 3.0
Amount sold (bln leks) 4.0 3.0
Total bids placed (bln leks) 5.18 6.4
Bid-to-cover ratio 1.3 2.12
Maximum requested yield 1.52% 2%
Minimum requested yield 1.2% 1.4%
Coupon 1.45% 1.92%

(1 euro = 123.882 leks)

 

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