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Bank of Albania sells 5.1bn leke of 12M T-bills, yield rises to 9.13%

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17 years ago
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TIRANA, March 26–Bank of Albania sold 5.1 billion leke (39.1 million Euros, 53.0 million USD) of twelve-month treasury bills on March 24 that mature on March 18, 2010.
The twelve-month T-bill produced a weighted average yield of 9.13%, increasing from 9.00% of the last auction; and a maximum yield of 9.20%, up from 9.17%, the central bank said in a statement.
The Bank of Albania auctions leke-denominated three-month securities every week and 6- and 12-month treasury bills every two weeks on behalf of the Ministry of Finance.

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Prof. Dr. Alaa Garad is President and Founding Partner of the Stirling Centre for Strategic Learning and Innovation, University of Stirling Innovation Park, Scotland. He is actively engaged in health tourism, higher education and organisational learning across the Western Balkans, including the Global Health Tourism Leadership Programme in Albania.

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