Albania sells 9.9 billion leks (82.2 million euros) of Treasury bills

TIRANA (Albania), May 3 (SeeNews) – The Albanian Ministry of Finance sold for 9.9 billion leks (86.3 million dollars/82.2 million euros) of public securities during two auctions organized on April 29, according to data from the country’s central bank.

The Ministry of Finance sold 9.24 billion lek worth of one-year treasury bills that will mature on May 4, 2023, according to the data. Some 4.1 billion lek of the supply was reserved for the central bank.

The ministry also sold 688 million lek worth of six-month treasury bills with a maturity date of November 3, 2022. Some 200 million lek of the supply was earmarked for the central bank.

The details follow (in billions of leks unless otherwise stated):

One-year treasury bills

Auction date April 29 April 19
Amount offered 9 9.7
Amount sold 9.24 9.53
Total bids placed 12:44 p.m. 9.85
Bid/cover ratio 1.35 1.03
Maximum return requested 2.70% 2.50%
Maximum yield accepted 2.38% 2.46%
Minimum return requested 1.80% 1.75%
Minimum yield accepted 1.80% 1.75%
Weighted average return 1.95% 2.22%

Six-month treasury bills

Auction date April 29 April 12
Amount offered 1 1
Amount sold 0.688 0.504
Total bids placed 0.688 0.704
Bid/cover ratio 1.00 1.40
Maximum return requested 1.88% 1.83%
Maximum yield accepted 1.88% 1.78%
Minimum return requested 1.80% 1.28%
Minimum yield accepted 1.80% 1.28%
Weighted average return 1.85% 1.75%

(1 euro = 120.465 lek)

Comments are closed.