On 14 May, an auction tool place at the Riga Stock Exchange, where Mortgage bank offered for sale 250,000 C01CC series mortgage bonds at face value of 25 million Euros. The bonds are issued under Mortgage bonds Initial offering programme of the State Joint-Stock Company “Mortgage and land bank of Latvia”. 127,390 of C01CC series mortgage bonds were sold on the non-competitive auction at a fixed price. The issue currency for C01CC series mortgage bonds is Euro. Their yield rate on the auction was 5.7%. The demand for the bonds on the auction was 12.739 million Euros. Mortgage bank shall submit the necessary documents for inclusion of C01CC series mortgage bonds into the debt securities list of the Riga Stock Exchange according to the base prospectus of the Initial offering programme of mortgage bonds. For further information, please contact Mr. Gints Henkels, Local projects manager of Corporate finances division, Financial management department, at phone 6 7774050
On Mortgage bank Mortgage bonds initial placement auction
| Source: Latvijas Hipoteku un zemes banka