April 23 (SeeNews) - Albania's finance ministry sold 3.45 billion leks ($36.5 million/34.2 million euro) worth of fixed-rate Treasury bonds at an auction held on Tuesday, the central bank said.
The maximum accepted yield came in at 6.36%, the central bank said in a data release. The government securities will mature on January 24, 2034.
At the last auction of ten-year Treasury notes of the same issue held in January, the finance ministry sold 4.15 billion leks worth of debt paper at maximum accepted yield of 6.78%.
Details follow (in billions of leks unless stated otherwise):
Auction date |
Apr 23 |
Jan 22 |
Amount offered |
3 |
4 |
Amount sold |
3.45 |
4.15 |
Total bids placed |
7.95 |
4.77 |
Bid-to-cover ratio |
2.3 |
1.14 |
Maximum accepted yield |
6.36% |
6.78% |
Coupon rate |
6.78% |
6.78% |
(1 euro = 100.8 Albanian leks)