September 14 (SeeNews) - Albania's finance ministry sold 5.75 billion leks ($55.8 million/47.3 million euro) worth of seven-year Treasury notes at an auction on September 13, data by the country's central bank showed.
The coupon on the issue was set at 4.01%, lower compared with 4.25% accepted at the previous auction of seven-year government securities held in June, the central bank data showed.
The new issue of government securities will mature on September 15, 2028.
Details follow:
Auction date |
September 13 |
June 14 |
Amount offered (bln leks) |
5 |
4.5 |
Amount sold (bln leks) |
5.75 |
4.88 |
Total bids placed (bln leks) |
7.44 |
5.56 |
Bid-to-cover ratio |
1.29 |
1.39 |
Maximum requested yield |
4.50% |
4.70% |
Maximum accepted yield |
4.01% |
4.02% |
Minimum yield |
3.00% |
3.50% |
Coupon |
4.01% |
4.25% |
(1 euro = 121.537 leks)