Albania sells 3 bln leks (24 mln euro) of 3-yr T-notes – table

TIRANA (Albania), April 13 (SeeNews) – Albania’s finance ministry sold 3 billion leks ($29 million/24.4 million euro) worth of three-year Treasury notes at an auction on April 12, data by the country’s central bank showed.

The coupon on the issue was set at 2.80%, unchanged compared with the previous auction of three-year government securities held in February, according to figures published by the finance ministry.

The new issue of government securities will mature on February 23, 2024.

Details follow:

Auction date April 12 February 19
Amount offered (bln leks) 3 4
Amount sold (bln leks) 3 4
Total bids placed (bln leks) 5.6 4.49
Bid-to-cover ratio 1.87 1.12
Maximum requested yield 3.34% 3.30%
Minimum requested yield 2.79% 2.70%
Coupon 2.80% 2.80%

Source: SeeNews