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Albania to sell 29 mln euro of 2029 T-notes on March 25

Mar 21, 2024, 3:49:53 PMArticle by Genta Hodo
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March 21 (SeeNews) - Albania's finance ministry will offer 3 billion leks ($31.7 million/29.1 million euro) worth of fixed-rate Treasury notes at an auction on March 25, central bank data shows.

Albania to sell 29 mln euro of 2029 T-notes on March 25
Albania's Finance Ministry, ErtonKashta, CC BY-SA 4.0, via Wikimedia Commons

The government securities have a 5.25% coupon rate and will mature on January 26, 2029, according to the calendar of upcoming Treasury paper auctions published by the central bank.

At the last auction of Treasury notes of the same issue held on February 13, the finance ministry sold 3.45 billion leks worth of government securities at a maximum accepted yield of 5.76%.

(1 euro = 103 Albanian leks)

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