December 6 (SeeNews) - Albania's finance ministry sold 4.45 billion leks ($40.1 million/38.1 million euro) worth of government securities at two auctions held on December 6, data by the country's central bank shows.
The finance ministry sold 3.45 billion leks worth of two-year Treasury bills that will mature on October 7, 2024, the data shows.
The finance ministry also sold 1 billion leks worth of three-month government bills with a maturity date of March 9, 2023. Some 200 million leks of the offer was reserved for the central bank.
Details follow (in billions of leks unless stated otherwise):
Two-year T-notes
Auction date |
December 6 |
November 22 |
Amount offered |
3.45 |
3.45 |
Amount sold |
3.45 |
3.45 |
Total bids placed |
4.966 |
4.439 |
Bid-to-cover ratio |
1.44 |
1.29 |
Maximum requested yield |
8.30% |
8.80% |
Maximum accepted yield |
6.24% |
6.48% |
Minimum requested yield |
4.90% |
4.50% |
Minimum accepted yield |
6.24% |
6.48% |
Coupon |
4.90% |
4.90% |
Three-month T-bills
Auction date |
December 6 |
November 15 |
Amount offered |
1 |
1 |
Amount sold |
1 |
0.999 |
Total bids placed |
2.66 |
2.096 |
Bid-to-cover ratio |
2.66 |
2.10 |
Maximum requested yield |
3.55% |
4.03% |
Maximum accepted yield |
3.15% |
3.30% |
Minimum requested yield |
3.10% |
2.75% |
Minimum accepted yield |
3.10% |
2.75% |
Average weighted yield |
3.13% |
2.91% |
(1 euro = 116.715 leks)