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Albania to offer 70 mln euro of 1-yr T-bills on May 28

May 24, 2024, 1:23:42 PMArticle by Genta Hodo
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May 24 (SeeNews) - Albania’s finance ministry will hold an auction of 7 billion leks ($75.5 million/69.7 million euro) worth of one-year Treasury bills on May 28, central bank data shows.

Albania to offer 70 mln euro of 1-yr T-bills on May 28

Some 3.5 billion leks worth of the offer is reserved for the central bank, according to the calendar of government securities auctions published by the central bank.

At the last auction of one-year Treasury bills held on May 14, the finance ministry sold 8 billion leks worth of debt paper, right on target. Average weighted yield came in at 3.54%, decreasing from 3.66% achieved at the previous auction of one-year T-bills held on April 30, data showed.

(1 euro = 100.4 Albanian leks)

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