TIRANA (Albania), July 22 (SeeNews) – Albania's finance ministry sold 4.0 billion leks ($36.5 million/32.5 million euro) worth of two-year fixed-rate Treasury notes at an auction on Monday, in line with target, figures show.
The coupon on the issue was set at 2.22%, up from 1.45% at the last auction of two-year fixed-rate T-notes held on June 6, according to data published by the finance ministry.
Details follow:
Auction date |
July 22 |
June 6 |
Amount offered (bln leks) |
4.0 |
3.0 |
Amount sold (bln leks) |
4.0 |
2.9 |
Total bids placed (bln leks) |
6.1 |
3.2 |
Bid-to-cover ratio |
2.3 |
1.05 |
Maximum requested yield |
2.34% |
2.12% |
Minimum requested yield |
1.9% |
1.3% |
Coupon |
2.22% |
1.45% |
(1 euro = 121.770 leks)