Bank of Albania/All Rights Reserved
TIRANA (Albania), March 25 (SeeNews) – Albania’s finance ministry said on Monday it sold 3.4 billion leks ($30.6 million/27.1 million euro) worth of five-year fixed-rate Treasury notes, above its 3 billion leks plan.
The issue carries a coupon of 4.2%, unchanged from the last auction of five-year fixed-rate T-notes held in January, according to figures published on the website of the finance ministry.
Details follow:
| Auction date | March 25 | Jan 28 |
| Amount offered (bln leks) | 3 | 4.0 |
| Amount sold (bln leks) | 3.4 | 4.0 |
| Total bids placed (bln leks) | 4.7 | 10.8 |
| Bid-to-cover ratio | 1.56 | 2.71 |
| Maximum requested yield | 4% | 4.7% |
| Minimum requested yield | 2.59% | 3.0% |
| Coupon | 4.2% | 4.2% |
Source: Finance Ministry