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Albania sells 4.8 bln leks (39.8 mln euro) of govt paper – table

Albania sells 4.8 bln leks (39.8 mln euro) of govt paper – table Photo: www.fmf.gov.ba

TIRANA (Albania), 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)

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