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Albania sells 4 bln leks (32.1 mln euro) of 2-yr T-notes – table

Albania sells 4 bln leks (32.1 mln euro) of 2-yr T-notes – table Bank of Albania/All Rights Reserved

TIRANA (Albania), May 15 (SeeNews) – Albania's finance ministry sold 4 billion leks ($36.1 million/32.1 million euro) worth of two-year fixed-rate Treasury notes at an auction on Wednesday, in line with target, figures show.

The coupon on the issue was set at 1.45%, unchanged from the last auction of two-year fixed-rate T-notes held on April 17, according to figures published on the website of the finance ministry.

Details follow:

Auction date May 15 April 17
Amount offered (bln leks) 4.0 4.0
Amount sold (bln leks) 4.0 4.0
Total bids placed (bln leks) 4.7 5.18
Bid-to-cover ratio 1.17 1.3
Maximum requested yield 2.7% 1.52%
Minimum requested yield 1.3% 1.2%
Coupon 1.45% 1.45%

(1 euro = 122.283 leks)

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