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Sep 13, 2007 18:18 EEST
September 13 (SeeNews) - Albania's central bank will auction 2.8 billion leks ($31.1 million/22.4 million euro) in three-month Treasury bills on Tuesday, the bank said on Thursday.
The T-bills, which the central bank offers on behalf of the Finance Ministry, mature on December 20.
Albania's three-month T-bills produced a weighted average yield of 5.71% at the last auction held on September 11, down from 5.76% achieved in the previous auction held on September 9
The Bank of Albania auctions lek-denominated three-month T-bills weekly, usually on Tuesdays, and six-month and 12-month T-bills twice a month, also on Tuesdays.
The Bank of Albania ( www.bankofalbania.org ) has auctioned T-bills worth 290.75 billion leks in par value since the beginning of the year. Last year it sold 460.13 billion leks worth of T-bills, compared to 465.2 billion leks in 2005.
(1 euro = 125.0542 Albanian leks)
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