August 8 (SeeNews) - Albania's finance ministry sold 4 billion leks ($34.9 million/34.2 million euro) worth of two-year Treasury notes at an auction on Monday, in line with target, data by the country's central bank shows.
The government securities, first issued on July 14, will mature on July 14, 2024, the data shows.
Details follow (in billions of leks unless stated otherwise):
Auction date |
August 8 |
July 12 |
Amount offered |
4 |
3 |
Amount sold |
4 |
3.45 |
Total bids placed |
4.4 |
8.93 |
Bid-to-cover ratio |
1.1 |
2.59 |
Maximum requested yield |
4.25% |
3.39% |
Maximum accepted yield |
4.20% |
2.90% |
Minimum requested yield |
2.00% |
2.50% |
Minimum accepted yield |
4.20% |
2.50% |
Coupon |
2.90% |
2.90% |
(1 euro = 117.019 leks)