April 4 (SeeNews) - Albania's finance ministry sold 7.17 billion leks ($75.8 million/69.8 million euro) worth of two-year fixed-rate Treasury notes, below target, at an auction held on Thursday, the central bank said.
The government securities carry a 4.29% coupon and will mature on April 8, 2026, the central bank said in a data release.
At the latest auction of two-years Treasury notes held on March 5, the finance ministry sold 7.23 billion leks worth of debt paper.
Details follow (in billions of leks unless stated otherwise):
Auction date |
April 4 |
March 5 |
Amount offered |
8 |
7 |
Amount sold |
7.17 |
7.23 |
Total bids placed |
7,56 |
8.35 |
Bid-to-cover ratio |
1.05 |
1.15 |
Maximum accepted yield |
4.29% |
4.23% |
Coupon rate |
4.29% |
4.21% |
(1 euro = 102.5 Albanian leks)