TIRANA (Albania), May 15 (SeeNews) – Albania's finance ministry sold 4 billion leks ($36.1 million/32.1 million euro) worth of two-year fixed-rate Treasury notes at an auction on Wednesday, in line with target, figures show.
The coupon on the issue was set at 1.45%, unchanged from the last auction of two-year fixed-rate T-notes held on April 17, according to figures published on the website of the finance ministry.
Details follow:
Auction date |
May 15 |
April 17 |
Amount offered (bln leks) |
4.0 |
4.0 |
Amount sold (bln leks) |
4.0 |
4.0 |
Total bids placed (bln leks) |
4.7 |
5.18 |
Bid-to-cover ratio |
1.17 |
1.3 |
Maximum requested yield |
2.7% |
1.52% |
Minimum requested yield |
1.3% |
1.2% |
Coupon |
1.45% |
1.45% |
(1 euro = 122.283 leks)