August 23 (SeeNews) - Albania sold on Tuesday 6.1 billion leks ($50.5 million/44.6 million euro) in 1-year Treasury bills, in line with target, as demand exceeded moderately supply, data from the country's central bank showed.
The average weighted yield of the 1-year issue rose to 1.53% from 1.40% on a like auction on August 9.
Details about the issue follow:
Auction date |
August 23 |
August 9 |
Amount offered (bln leks) |
6.1 |
5.6 |
Amount sold (bln leks) |
6.1 |
5.05 |
Total bids placed (bln leks) |
7.03 |
5.05 |
Bid-to-cover ratio |
1.15 |
0.90 |
Maximum requested yield |
1.69% |
1.57% |
Maximum accepted yield |
1.63% |
1.57% |
Minimum yield |
1.40% |
1.30% |
Average weighted yield |
1.53% |
1.40% |
($=120.714 leks)