TIRANA (Albania), March 18 (SeeNews) - Albania’s central bank sold 3.0 billion leks ($38.12 million/24 million euro) in three-month Treasury bills at an auction held on Tuesday with yields remaining unchanged, the bank said.
The Bank of Albania, which auctions government securities on behalf of the Finance Ministry, sold the whole amount on offer. Dealers placed bids for 3.38 billion leks in the auction. The T-bills produced a weighted average yield of 6.25%, unchanged from the previous auction held on March 11.
The central bank auctions lek-denominated three-month T-bills every Tuesday and six-month and 12-month T-bills twice a month, also on Tuesdays.
The Bank of Albania (www.bankofalbania.org) has auctioned 77.11 billion leks since the beginning of the year. Last year it auctioned 386.83 billion leks in par value. In 2006 it sold 460.13 billion leks worth of T-bills, compared to 465.2 billion leks in 2005.
(1 euro= 124.1099 Albanian leks)
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