TIRANA (Albania), January 14 (SeeNews) – Albania's finance ministry said on Monday it sold 4 billion leks ($36.4 million/31.7 million euro) worth of 10-year fixed-rate Treasury notes, in line with plan.
The coupon rate on the issue decreased to 5.85% from 6.8% in the last auction held in October, according to figures published on the website of the finance ministry.
Details follow:
Auction date |
Jan 14'19 |
Oct 3'17 |
Amount offered (bln leks) |
4 |
2 |
Amount sold (bln leks) |
4 |
2 |
Total bids placed (bln leks) |
9.1 |
3.56 |
Bid-to-cover ratio |
2.27 |
1.78 |
Maximum requested yield |
6.66% |
7% |
Minimum requested yield |
5% |
5.6% |
Coupon |
5.85% |
6.8% |
(1 euro = 125.331 leks)