TIRANA, Feb 8 /ATA/ – Yield rates on the seven-year treasury notes recorded a decrease in the latest auction of the Bank of Albania this week.
Central bank said Wednesday that the yield on the seven-year T-notes fell to 6%, down from 7.98% in the previous auction in December.
Albania’s Finance Ministry bid 1.5 billion lek worth of seven -year Treasury notes at an average yield of 6%, whereas the total demand was estimated at 5.3 billion lek at the latest auction of the government securities held by the Bank of Albania.
Taking notice of the high participation and the favorable yield rates, the Ministry of Finance increased bid by 15% and raised a final amount of 1.73 billion lek.
Yields on the treasury bills and treasury notes have recorded a rapid downward trend in the last two months, partly correcting the strong upward trend in the period between August and November 2022.
/j.p/u.sh/
