TIRANA (Albania), March 19 (SeeNews) – Albania’s finance ministry said it sold 9 billion leks ($81.2 million/71.6 million euro) worth of one-year Treasury bills at an auction on Tuesday, in line with its plan.
The average weighted yield on the government securities issue edged down to 1.12% from 1.16% at the previous auction of one-year Treasury bills held on March 5, the finance ministry said in a notice.
Details follow:
Auction date |
March 19 |
March 5 |
Amount offered (bln leks) |
9 |
9 |
Amount sold (bln leks) |
9 |
9 |
Total bids placed (bln leks) |
9.4 |
10.7 |
Bid-to-cover ratio |
1.04 |
1.19 |
Maximum requested yield |
1.25% |
1.49% |
Maximum accepted yield |
1.18% |
1.21% |
Minimum yield |
1% |
1% |
Average weighted yield |
1.12% |
1.16% |
(1 euro = 124.334 leks)