Albania's central bank to auction EUR 69.2mn T-Bills on September 10.

By bne IntelliNews September 6, 2013

Albania's central bank, which sells state securities on behalf of the government, said it will auction ALL 9.7bn (EUR 69.2mn) worth of lek-denominated T-bills on September 10.

The bank will offer 12-month T-Bills worth ALL 6.1mn and 6-month T-Bills totalling ALL 3.6bn.

The average yield on the 12-month securities declined to 4.67% at the latest auction held on August 27 from 4.90% at the previous auction held a couple of weeks earlier.

The yield on the 6-month notes stood at 4.53% at the auction held on August 13, down from 5.31% at the previous auction on July 9.

The central bank has auctioned lek-denominated T-bills worth ALL 233.2bn since the beginning of 2013.

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