October 4 (SeeNews) - Albania's finance ministry sold 4.9 billion leks ($41.4 million/41.7 million euro) worth of government securities at two auctions held on October 4, data by the country's central bank shows.
The finance ministry sold 3.9 billion leks worth of one-year Treasury bills that will mature on October 5, 2023, the data shows.
The finance ministry also sold 1 billion leks worth of three-month T-bills with a maturity date of January 5, 2023. Some 247.42 million leks worth of the offer was reserved for the central bank.
Details follow (in billions of leks unless stated otherwise):
One-year Treasury bills
Auction date |
October 4 |
September 27 |
Amount offered |
7.5 |
8.7 |
Amount sold |
3.9 |
7.263 |
Total bids placed |
5.5 |
7.263 |
Bid-to-cover ratio |
1.41 |
1.00 |
Maximum requested yield |
5.50% |
5.00% |
Maximum accepted yield |
5.32% |
5.00% |
Minimum requested yield |
3.60% |
3.50% |
Minimum accepted yield |
3.60% |
3.50% |
Average weighted yield |
4.74% |
4.53% |
Three-month Treasury bills
Auction date |
October 4 |
September 6 |
Amount offered |
1 |
1 |
Amount sold |
1 |
1 |
Total bids placed |
1.268 |
1.488 |
Bid-to-cover ratio |
1.268 |
1.488 |
Maximum requested yield |
3.00% |
2.63% |
Maximum accepted yield |
2.90% |
2.40% |
Minimum requested yield |
1.50% |
2.20% |
Minimum accepted yield |
1.50% |
2.20% |
Average weighted yield |
2.78% |
2.25% |
(1 euro = 117.518 leks)