October 25 (SeeNews) - Albania sold a total of 10.85 billion leks ($86.7 million/79.8 million euro) in three-month and one-year Treasury bills at an auction on Tuesday, below its target of 11.4 billion leks, central bank figures showed.
The average weighted yield of the three-month issue rose to 1.22% from 0.88% at the previous auction held on July 26.
The yield of the one-year T-bills increased to 2.05%, from 1.83% at the October 4 auction.
Details follow:
3-month T-bills
Auction date |
Oct 25 |
July 26 |
Amount offered (bln leks) |
2.9 |
3 |
Amount sold (bln leks) |
2.35 |
3 |
Total bids placed (bln leks) |
2.5 |
3.98 |
Bid-to-cover ratio |
0.86 |
1.33 |
Maximum accepted yield |
1.30% |
0.93% |
Minimum requested yield |
1.20% |
0.78% |
Minimum accepted yield |
1.20% |
0.78% |
Average weighted yield |
1.22% |
0.88% |
1-year T-bills
Auction date |
Oct 25 |
Oct 4 |
Amount offered (bln leks) |
8.5 |
6.6 |
Amount sold (bln leks) |
8.5 |
5.97 |
Total bids placed (bln leks) |
8.56 |
5.97 |
Bid-to-cover ratio |
1.01 |
0.90 |
Maximum accepted yield |
2.43% |
2.00% |
Minimum requested yield |
1.79% |
1.59% |
Minimum accepted yield |
1.79% |
1.59% |
Average weighted yield |
2.05% |
1.83% |
(1 euro = 136.019 leks)