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Nov 01, 2007 10:51 EEST
November 1 (SeeNews) - Albania's central bank will auction on Tuesday 9.8 billion leks ($115.49million/80.0 million euro) in three treasury bill issues, the bank said.
The central bank, which auctions government securities on behalf of the Finance Ministry, will offer a three-month T-bills issue with a par value of 1.5 billion leks maturing on February 7. The bank will also offer a six-month T-bill with a par value of 3.9 billion leks maturing on May 8, and 12-month T-bills worth 4.4 billion leks maturing on November 6.
The Bank of Albania ( www.bankofalbania.org ) 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.
On Tuesday the bank did not offer for sale three month treasury bills.
The bank has auctioned T-bills worth 331.64 billion leks in par value since the beginning of the year. Last year, it sold 460.13 billion leks worth of government securities, down from 465.2 billion leks in 2005.
(1 euro = 122.4937 Albanian leks)
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