The ministry sold 7.5 billion leks worth of T-bills that will mature on June 12, 2025, as the issue was oversubscribed, the data shows. Some 3.35 billion leks worth of the offer was reserved for the central bank.
The ministry also sold 726.2 million leks worth of T-bills with a maturity date of December 12, 2024, as the issue was undersubscribed.
Details of Tuesday's auctions follow, as well as details of the previous auctions of such maturities:
One-year T-bills
Auction date | June 11 | May 14 |
Amount offered (bln leks) | 7.5 | 8 |
Amount sold (bln leks) | 7.5 | 8 |
Total bids placed (bln leks) | 8.91 | 11.9 |
Bid-to-cover ratio | 1.18 | 1.48 |
Average weighted yield | 3.32% | 3.54% |
Six-months T-bills
Auction date | June 11 | Oct 10 |
Amount offered (bln leks) | 1 | 1 |
Amount sold (bln leks) | 0.726 | 1 |
Total bids placed (bln leks) | 0.726 | 2.06 |
Bid-to-cover ratio | 1 | 2.06 |
Average weighted yield | 3.24% | 1.50% |
(1 euro = 100.4 Albanian leks)