Albania to offer 109 mln euro worth of T-bills on Apr 16

The offer comprises 10 billion leks of 1-year Treasury bills that will mature on April 17, 2025, and 1 billion leks of three-month T-bills, which will mature on July 18, 2024, according to the calendar of upcoming auctions of government securities published by the central bank.

At the last auction of one-year T-bills held on April 2, the finance ministry sold 7.33 billion leks worth of government securities, below target. Average weighted yield came in at 3.69%, higher than 3.65% achieved at the previous auction of one-year Treasury bills held on March 26.

At the last auction of three-month T-bills held on January 16, the ministry sold 1 billion leks worth of debt paper, on target, with average weighted yield at 3.09%, higher than the yield of 3% achieved at the auction of three-month Treasury bills held on September 4.

(1 euro = 101.3 Albanian leks)