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Albania to auction 4.5 bln leks (36 mln euro) of 7-yr T-notes on Dec 14

Dec 10, 2020, 12:00:00 AMArticle by Dragana Petrushevska
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TIRANA (Albania), December 10 (SeeNews) – Albania will offer to investors 4.5 billion leks ($43.9 million/36.3 million euro) worth of seven-year Treasury notes at an auction on December 14, central bank data shows.

Albania to auction 4.5 bln leks (36 mln euro) of 7-yr T-notes on Dec 14
Photo: www.fmf.gov.ba

The government securities will mature on September 10, 2027, the data shows.

At the last auction of seven-year T-notes held on September 8, the finance ministry sold 5 billion leks worth of government securities. The accepted coupon rate was 4.38%, higher than 4.08% accepted at the previous auction of seven-year T-notes held in June, according to figures published by the central bank.

(1 euro = 124.136 leks)

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