March 18 (SeeNews) - Albania's finance ministry sold 2.3 billion leks ($24 million/22 million euro) worth of 2027 Treasury notes at an auction held on Monday, the central bank said.
Maximum accepted yield came in at 4.90% at the auction, the central bank said in a data release. The government securities will mature on February 23, 2027.
At the latest auction of three-year Treasury notes of the same issue held in February 21, the finance ministry sold 5.75 billion leks worth of debt paper at a maximum accepted yield of 5.11%.
Details follow (in billions of leks unless stated otherwise):
Auction date |
March 18 |
Feb 21 |
Amount offered |
2 |
5 |
Amount sold |
2.3 |
5.75 |
Total bids placed |
5.9 |
7.8 |
Bid-to-cover ratio |
2.57 |
1.35 |
Maximum accepted yield |
4.90% |
5.11% |
Coupon rate |
4.70% |
4.70% |
(1 euro = 103.5 Albanian leks)