April 16 (SeeNews) – Albania’s finance ministry sold 10.7 billion leks ($112.6 million/106 million euro) worth of Treasury bills at two auctions held on Tuesday, data by the country’s central bank shows.
The ministry sold 9.7 billion leks worth of one-year treasury bills that will mature on April 17, 2025, the data shows. Some 4 billion leks worth of the offer was reserved for the central bank.
The ministry also sold 1 billion leks worth of three-month Treasury bills with a maturity date of July 18, 2024.
Details follow:
One-year T-bills
| Auction date | April 16 | April 2 |
| Amount offered (bln leks) | 10 | 9 |
| Amount sold (bln leks) | 9.7 | 7.33 |
| Total bids placed (bln leks) | 9.8 | 7.33 |
| Bid-to-cover ratio | 1.01 | 1 |
| Average weighted yield | 3.69% | 3.69% |
Three-months T-bills
| Auction date | April 16 | Jan 16 |
| Amount offered (bln leks) | 1 | 1 |
| Amount sold (bln leks) | 1 | 1 |
| Total bids placed (bln leks) | 1.87 | 2 |
| Bid-to-cover ratio | 1.87 | 2 |
| Average weighted yield | 3.05% | 3.09% |
(1 euro = 101 Albanian leks)
