TIRANA (Albania), October 21 (SeeNews) – Albania's finance ministry sold 4 billion leks ($35.9 million/32.1 million euro) worth of two-year fixed-rate Treasury notes at an auction on Monday, figures show.
The coupon on the issue was set at 2.44%, up from 2.22% in the last auction of two-year fixed-rate T-notes held on September 23, according to data published by the finance ministry.
Details follow:
Auction date |
October 21 |
September 23 |
Amount offered (bln leks) |
4 |
3 |
Amount sold (bln leks) |
4 |
3 |
Total bids placed (bln leks) |
6.3 |
5.5 |
Bid-to-cover ratio |
1.56 |
1.83 |
Maximum requested yield |
2.22% |
2.84% |
Minimum requested yield |
2.3% |
2.2% |
Coupon |
2.44% |
2.22% |
(1 euro = 123.179 leks)