Albania's central bank to auction EUR 77.7mn T-Bills on August 27.

By bne IntelliNews August 23, 2013

Albania's central bank, which sells state securities on behalf of the government, said it will auction ALL 10.9bn (EUR 77.7mn) worth of lek-denominated T-bills on August 27.

The bank will offer 12-month T-Bills worth ALL 8.6mn and 3-month T-Bills totalling ALL 2.3bn.

The average yield on the 12-month securities declined to 4.90% at the latest auction held on August 13 from 5.13% at the previous auction held a couple of weeks earlier.

The yield on the 3-month notes stood at 4.00% at the auction held on July 30, down from 4.61% at the previous auction on June 25.

The central bank has auctioned lek-denominated T-bills worth ALL 222.7bn since the beginning of 2013.

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