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Albania sells 6.5 bln leks (82.4 mln euro) of 1-yr T-bills – table

Albania sells 6.5 bln leks (82.4 mln euro) of 1-yr T-bills – table Bank of Albania/All Rights Reserved

TIRANA (Albania), December 3 (SeeNews) – Albania’s finance ministry said it has sold 6.5 billion leks ($57.9 million/82.4 million euro) worth of one-year Treasury bills on Tuesday.

The average weighted yield on the government securities fell to 1.69% from 1.85% at the last auction of one-year Treasury bills held on November 5, according to auction results published by the finance ministry.

Details follow:

Auction date Dec 3 Nov 5
Amount offered (bln leks) 6.5 10.7
Amount sold (bln leks) 6.5 10.7
Total bids placed (bln leks) 9.0 14.0
Bid-to-cover ratio 1.39 1.31
Maximum requested yield 2.14% 2.24
Maximum accepted yield 1.75% 1.94%
Minimum yield 1.64% 1.75%
Average weighted yield 1.69% 1.85%

(1 euro = 121.532 leks)

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