TIRANA (Albania), April 23 (SeeNews) – Albania’s finance ministry said on Tuesday it sold 7.67 billion leks ($69.0 million/61.3 million euro) worth of one-year Treasury bills at an auction on Tuesday, slightly below its 8 billion leks target.
The average weighted yield on the government securities issue edged up to 1.12% from 1.09% at the last auction of one-year Treasury bills held on April 2, the finance ministry said in a notice.
Details follow:
Auction date |
April 23 |
April 2 |
Amount offered (bln leks) |
8 |
9 |
Amount sold (bln leks) |
7.67 |
9 |
Total bids placed (bln leks) |
7.67 |
10.2 |
Bid-to-cover ratio |
0.96 |
1.13 |
Maximum requested yield |
1.22% |
1.21% |
Maximum accepted yield |
1.22% |
1.16% |
Minimum yield |
1.07% |
1% |
Average weighted yield |
1.12% |
1.09% |
(1 euro = 123.086 leks)