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)