TIRANA (Albania), May 29 (SeeNews) – Albania's finance ministry said it will offer 3 billion leks ($27.4 million/23.5 million euro) of seven-year fixed-rate Treasury notes at an auction on June 7.
The government securities will mature on June 11, 2025, according to the calendar for the issuance of government securities in the second quarter posted on the website of finance ministry.
At the last auction of seven-year T-notes held in February, the finance ministry raised 3.36 billion leks, below its target of 4 billion leks. The coupon rate increased to 5.86% from 5.39% at the previous auction of seven-year government securities held in December.
(1 euro = 125.659 leks)