New bond issue: Latvian Finance Ministry sold LVL 13.6m of T-bills at an average yield of 0.639%
October 4, 2012
On Wednesday, 3 October, 12 month government bills with maturity 4 October, 2013 were offered. Total demand for government T-bills in competitive multi-price auction achieved 20,9 million lats.
Government bills with the total value of 12,0 million lats were sold during the government domestic securities competitive multi-price auction.
In competitive multi-price auction in 3 October maximum yield rate for 12 month T-bills was set 0,75 %, weighted average yield rate was 0,639%.
On Thursday, 4 October, non-competitive fixed rate auction took place. Total demand for 10-month T-Bills in non-competitive fixed rate auctions achieved 1,6 million lats.
In this placement 12-month T-Bills in a total nominal value of 1,6 million lats were sold.
Issue — Latvia, 0 04oct2013 (54178)
Country of riskLatvia
Redemption (put/call option)
М/S&P/F— / — / —
Company — Latvia
Full nameRepublic of Latvia