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Albania sells 82 mln euro of 1-yr T-bills

Mar 12, 2024, 3:33:57 PMArticle by Genta Hodo
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March 12 (SeeNews) - Albania's finance ministry sold 8.5 billion leks ($89.4 million/81.9 million euro) worth of one-year Treasury bills at an auction on Tuesday, central bank data showed.

Albania sells 82 mln euro of 1-yr T-bills

The government securities will mature on March 13, 2025.

Average weighted yield came in at 3.61%, slightly lower the average yield achieved at the previous auction of one-year Treasury bills held on February 27, data showed.

Details follow:

Auction date March 12 Feb 27
Amount offered (bln leks) 8.5 12.5
Amount sold (bln leks) 8.5 12.5
Total bids placed (bln leks) 11.9 13.8
Bid-to-cover ratio 1.4 1.1
Average weighted yield 3.61% 3.63%

(1 euro= 103.7 Albanian leks)

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