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Albania sells 80 mln euro of 1-yr T-bills

Apr 30, 2024, 3:41:16 PMArticle by Genta Hodo

April 30 (SeeNews) - Albania's finance ministry sold 8 billion leks ($85.3 million/79.6 million euro) worth of one-year Treasury bills at an auction on Tuesday, on target, central bank data showed.

Albania sells 80 mln euro of 1-yr T-bills

The government securities will mature on May 1, 2025.

Average weighted yield came in at 3.66%, slightly lower than the 3.65% average yield achieved at the previous auction of one-year Treasury bills held on April 16, data showed.

Details follow:

Auction date	April 30	April 16
Amount offered (bln leks)	8	10
Amount sold (bln leks)	8	9.7
Total bids placed (bln leks)	9.5	9.8
Bid-to-cover ratio	1.2	1.01
Average weighted yield	3.66%	3.69%

(1 euro = 100.5 Albanian leks)

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