On 19 May the Treasury sold government T-Bonds with value of 12 million lats


In government domestic securities auctions short-term bills with two different
maturity dates were offered - bills with a maturity date of 17 November 2010
(six month bills) and bills with a maturity date of 20 May 2011 (twelve month
bills). 

Total demand for government T-bills in competitive multi-price auction achieved
22,9 million lats. T-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 May 19 maximum yield rate set for 6 month
T-bills 2,15% and for 12 month T-bills 3,50%. The weighted average yield rate
for six month T-bills was 2,014% and for twelve month T-bills was 3,366%. 

On Thursday, May 20, non-competitive fixed rate auctions will take place. In
these placements T-bills with maturity date of six and twelve months in a total
nominal value of 3 million lats will be offered. 

Zane Sneidere
Press secretary
The Treasury of the Republic of Latvia
Phone: + 371 67094324
e-mail: Zane.sneidere@kase.gov.lv