TIRANA (Albania), August 19 (SeeNews) – Albania's finance ministry sold 4.45 billion leks ($40.5 million/36.5 million euro) worth of two-year fixed-rate Treasury notes at an auction on Monday, below the 4.5 billion lek target, figures show.
The coupon on the issue was set at 2.22%, unchanged from the last auction of two-year fixed-rate T-notes held on July 22, according to data published by the finance ministry.
Details follow:
Auction date |
August 19 |
July 22 |
Amount offered (bln leks) |
4.5 |
4.0 |
Amount sold (bln leks) |
4.45 |
4.0 |
Total bids placed (bln leks) |
4.45 |
6.1 |
Bid-to-cover ratio |
0.99 |
1.52 |
Maximum requested yield |
2.74% |
2.34% |
Minimum requested yield |
1.9% |
1.9% |
Coupon |
2.22% |
2.22% |
(1 euro = 120.053 leks)