July 13 (SeeNews) - Albania's finance ministry sold about 4.1 billion leks ($35.1 million/34.9 million euro) worth of government securities at two auctions held on July 12, data by the country's central bank shows.
The finance ministry sold 631 million leks worth of six-month Treasury bills that will mature on January 12, 2023 and 3.45 billion leks worth of two-year T-notes with a maturity date of July 14, 2024, the data shows.
Details follow (in billions of leks unless stated otherwise):
Six-month T-bills
Auction date |
July 12 |
April 29 |
Amount offered |
1 |
1 |
Amount sold |
0.631 |
0.688 |
Total bids placed |
0.931 |
0.688 |
Bid-to-cover ratio |
1.48 |
1.00 |
Maximum requested yield |
2.70% |
1.88% |
Maximum accepted yield |
2.28% |
1.88% |
Minimum requested yield |
1.98% |
1.80% |
Minimum accepted yield |
1.98% |
1.80% |
Average weighted yield |
2.10% |
1.85% |
Two-year T-notes
Auction date |
July 12 |
June 7 |
Amount offered |
3 |
5 |
Amount sold |
3.45 |
3.074 |
Total bids placed |
8.93 |
3.077 |
Bid-to-cover ratio |
2.59 |
1.01 |
Maximum requested yield |
3.39% |
3.00% |
Maximum accepted yield |
2.90% |
2.90% |
Minimum requested yield |
2.50% |
1.90% |
Minimum accepted yield |
2.50% |
2.90% |
Coupon |
2.90% |
2.56% |
(1 euro = 117.422 leks)