April 16 (SeeNews) - Albania's finance ministry sold 10.7 billion leks ($112.6 million/106 million euro) worth of Treasury bills at two auctions held on Tuesday, data by the country's central bank shows.
The ministry sold 9.7 billion leks worth of one-year treasury bills that will mature on April 17, 2025, the data shows. Some 4 billion leks worth of the offer was reserved for the central bank.
The ministry also sold 1 billion leks worth of three-month Treasury bills with a maturity date of July 18, 2024.
Details follow:
One-year T-bills
Auction date |
April 16 |
April 2 |
Amount offered (bln leks) |
10 |
9 |
Amount sold (bln leks) |
9.7 |
7.33 |
Total bids placed (bln leks) |
9.8 |
7.33 |
Bid-to-cover ratio |
1.01 |
1 |
Average weighted yield |
3.69% |
3.69% |
Three-months T-bills
Auction date |
April 16 |
Jan 16 |
Amount offered (bln leks) |
1 |
1 |
Amount sold (bln leks) |
1 |
1 |
Total bids placed (bln leks) |
1.87 |
2 |
Bid-to-cover ratio |
1.87 |
2 |
Average weighted yield |
3.05% |
3.09% |
(1 euro = 101 Albanian leks)