Maximum accepted yield came in at 5.11% at the auction, the central bank said in a data release. The government securities will mature on February 23, 2027.
At the latest auction for three-year Treasury notes held in December 18, the finance ministry sold 2.3 billion leks worth of debt paper at a maximum accepted yield of 5.17%.
Details follow (in billions of leks unless stated otherwise):
Auction date | Feb 21 | Dec 18 |
Amount offered | 5 | 2 |
Amount sold | 5.75 | 2.3 |
Total bids placed | 7.8 | 2.96 |
Bid-to-cover ratio | 1.35 | 1.28 |
Maximum accepted yield | 5.11% | 5.17% |
Coupon rate | 4.7% | 5.0% |
(1 euro = 103.7 Albanian leks)