[Article]Albania to sell 12 bln leks (93.4 mln euro) of 6-mo, 1-yr T-bills on May 8

Albania's finance ministry said it will offer a total of 12 billion leks ($112.4 million/93.4 million euro) worth of six-month and one-year Treasury bills at an auction on May 8. Investors will be offered two billion leks of six-month T-bills, according to the debt issuance calendar for May of the finance ministry. At the last auction of six-month government securities held on April 3, investors bought 2.6 billion leks worth of government paper, in line with target.  The average yield decreased to 1.84%, from 2.04% at the previous auction held in February. The finance ministry will also offer 10 billion leks of one-year T-bills on May 8. On April 24, the finance ministry sold 8.2 billion leks worth of one-year Treasury bills, as yield edged down to 2.337% from 2.39% at the previous auction held on April 3.

Source: Scan TV