Albania's central bank, which places state securities on behalf of the government, sold ALL 4bn (EUR 28.6mn) in five-year bonds at an auction on November 7, the bank informed in a statement.
It floated ALL 2.5bn in 5-yr fixed-rate bonds and ALL 1.5bn in 5-yr floaters. The former attracted bids worth ALL 3.5bn, providing a relatively healthy coverage ratio, while the floaters attracted bids of ALL 2bn.
The coupon on the 5-yr fixed-rate bonds and floaters and were 6.54% and 5.64%, down from 7.7% and 7.04% at the previous auction.
The central bank has so far in 2013 sold ALL 98.7bn of lek-denominated bonds, including ALL 19.5bn in 5-yr securities.
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