July 5 (SeeNews) - Albania's finance ministry sold 4.7 billion leks ($41.2 million/40 million euro) worth of government securities at two auctions held on Tuesday, data by the country's central bank shows.
The finance ministry sold 4.1 billion leks worth of one-year Treasury bills that will mature on July 6, 2023, the data shows.
The ministry also sold 592 million leks worth of three-month T-bills with a maturity date of October 6, 2022. Some 247.42 million leks worth of the offer was reserved for the central bank.
Details follow (in billions of leks unless stated otherwise):
One-year T-bills
Auction date |
July 5 |
June 28 |
Amount offered |
6 |
8.2 |
Amount sold |
4.146 |
7.997 |
Total bids placed |
4.146 |
7.997 |
Bid-to-cover ratio |
1.00 |
1.00 |
Maximum requested yield |
2.84% |
2.69% |
Maximum accepted yield |
2.84% |
2.69% |
Minimum requested yield |
2.20% |
2.20% |
Minimum accepted yield |
2.20% |
2.20% |
Average weighted yield |
2.72% |
2.51% |
Three-month T-bills
Auction date |
July 5 |
May 17 |
Amount offered |
1 |
1 |
Amount sold |
0.592 |
1 |
Total bids placed |
0.792 |
1.12 |
Bid-to-cover ratio |
1.34 |
1.12 |
Maximum requested yield |
2.00% |
1.58% |
Maximum accepted yield |
1.70% |
1.58% |
Minimum requested yield |
1.67% |
1.00% |
Minimum accepted yield |
1.67% |
1.00% |
Average weighted yield |
1.69% |
1.26% |
(1 euro = 117.455 leks)