December 7 (SeeNews) - Albania's finance ministry sold 4.8 billion leks ($44.8 million/39.8 million euro) worth of government securities at two auctions held on Tuesday, data by the country's central bank shows.
The finance ministry sold 800.7 million leks worth of three-month Treasury bills that will mature on March 10, 2022, the data shows.
The ministry also sold 3.99 billion leks worth of seven-year T-notes with a maturity date of September 15, 2028.
Details follow:
Three-month T-bills
Auction date |
December 7 |
November 16 |
Amount offered (mln leks) |
1,000 |
1,000 |
Amount sold (mln leks) |
800.7 |
849.5 |
Total bids placed (mln leks) |
900.7 |
1,190 |
Bid-to-cover ratio |
1.12 |
1.40 |
Maximum requested yield |
1.07% |
1.15% |
Maximum accepted yield |
1.00% |
1.00% |
Minimum requested yield |
0.98% |
0.60% |
Minimum accepted yield |
0.98% |
0.60% |
Average weighted yield |
1.00% |
0.82% |
Seven-year T-notes
Auction date |
December 7 |
September 13 |
Amount offered (bln leks) |
4 |
5 |
Amount sold (bln leks) |
3.99 |
5.75 |
Total bids placed (bln leks) |
4.2 |
7.44 |
Bid-to-cover ratio |
1.05 |
1.29 |
Maximum requested yield |
4.10% |
4.50% |
Maximum accepted yield |
4.00% |
4.01% |
Minimum requested yield |
3.60% |
3.00% |
Minimum accepted yield |
4.00% |
4.01% |
Average weighted yield |
4.01% |
4.01% |
(1 euro = 121.415 leks)