May 16 (SeeNews) - Albania's finance ministry sold 10 billion leks ($96.8 million/89 million euro) worth of Treasury bills at an auction held on Tuesday, data by the country's central bank shows.
The ministry sold 9 billion leks worth of one-year treasury bills that will mature on May 16, 2024, the data shows. Some 4.5 billion leks worth of the offer was reserved for the central bank.
The ministry also sold 1 billion leks worth of three-month T-bills with a maturity date of August 17, 2023. Some 300 million leks worth of the offer was reserved for the central bank.
Details follow:
One-year T-bills
Auction date |
May 16 |
May 2 |
Amount offered (bln leks) |
9 |
9 |
Amount sold (bln leks) |
9 |
9 |
Total bids placed (bln leks) |
15 |
14.3 |
Bid-to-cover ratio |
1.66 |
1.58 |
Maximum requested yield |
4.0% |
4.11% |
Maximum accepted yield |
3.62% |
3.78% |
Minimum requested yield |
3.55% |
3.50% |
Minimum accepted yield |
3.55% |
3.50% |
Average weighted yield |
3.56% |
3.73% |
Three-month T-bills
Auction date |
May 16 |
May 4 |
Amount offered |
1 |
1 |
Amount sold |
1 |
1 |
Total bids placed |
2 |
1.6 |
Bid-to-cover ratio |
2 |
1.6 |
Maximum requested yield |
3.25% |
3.2% |
Maximum accepted yield |
3.02% |
3.07% |
Minimum requested yield |
3.00% |
3.02% |
Minimum accepted yield |
3.00% |
3.02% |
Average weighted yield |
3.01% |
3.05% |