TIRANA (Albania), April 19 (SeeNews) – Albania's finance ministry said on Thursday it raised 4.5 billion leks ($42.8 million/34.6 million euro) through the sale of two-year fixed-rate Treasury notes, in line with plan.
The coupon rate on the issue edged down to 2.98% from 3% in the last auction of two-year fixed-rate T-notes held in March, according to the results of the auction posted on the website of the finance ministry.
Details follow:
Auction date |
April 19 |
March 21 |
Amount offered (bln leks) |
4.5 |
4.5 |
Amount sold (bln leks) |
4.5 |
4.5 |
Total bids placed (bln leks) |
5.27 |
7.86 |
Bid-to-cover ratio |
1.17 |
1.75 |
Maximum requested yield |
3.07% |
3.35% |
Minimum requested yield |
2.78% |
2.9% |
Coupon |
2.98% |
3% |
Source: Finance Ministry
(1 euro = 128.624 leks)