TIRANA (Albania), April 30 (SeeNews) – Albania raised 4.99 billion leks ($46.8 million/38.6 million euro) from the sale of five-year fixed-rate Treasury notes, below the target of 6.5 billion leks, the finance ministry said on Monday.
The coupon on the issue auctioned on Monday was set at 5.45%, unchanged from the previous auction of five-year fixed-rate T-notes held on January 30, according to figures posted on the website of the ministry.
Details follow:
Auction date |
April 30 |
Jan 30 |
Amount offered (bln leks) |
6.5 |
8 |
Amount sold (bln leks) |
4.99 |
7.56 |
Total bids placed (bln leks) |
4.99 |
7.72 |
Bid-to-cover ratio |
0.77 |
0.96 |
Maximum requested yield |
5.45% |
5.65% |
Minimum requested yield |
4.85% |
4.5% |
Coupon |
5.45% |
5.45% |
Source:Finance Ministry
(1 euro = 128.303 leks)