TIRANA (Albania), November 14 (SeeNews) – Albania's finance ministry said it has raised 2.0 billion leks ($18 million/16 million euro) from the sale of five-year fixed-rate Treasury notes.
The coupon rate on the issue stood at 5.3%, the same as in the last auction of five-year fixed-rate T-notes held in October, according to figures published on the website of the finance ministry late on Tuesday.
Details follow:
Auction date |
Nov 14 |
Oct 15 |
Amount offered (bln leks) |
2.0 |
2.0 |
Amount sold (bln leks) |
2.0 |
2.0 |
Total bids placed (bln leks) |
4.7 |
3.6 |
Bid-to-cover ratio |
2.33 |
1.78 |
Maximum requested yield |
4.63% |
5.5% |
Minimum requested yield |
4.3% |
4.4% |
Coupon |
5.3% |
5.3% |
Source: Finance Ministry
(1 euro = 123.973 leks)