Albania's central bank to auction EUR 104.6mn T-Bills on March 12.

By bne IntelliNews March 8, 2013
Albania's central bank, which places state securities on behalf of the government, said it will auction ALL 14.6bn (EUR 104.6mn) worth of lek-denominated T-bills on March 12. The bank will offer 12-month T-bills worth ALL 10mn and 6-month T-bills totalling ALL 4.6bn. The average yield on the 12-month securities declined to 6.31% at the latest auction held on February 26 from 6.42% at the previous auction. The yield on the 6-month T-bills stood at 6.00% at the latest auction on February 12, rising by 1bpt from the previous tender held on January 8. The central bank auctioned lek-denominated T-bills worth ALL 343.8bn in 2012. It also sold a total of EUR 46.1mn in euro-denominated T-bills in three separate auctions last year.

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