Government Securities Auction Results


On Wednesday, 1 September new five-year domestic government bonds were offered
with maturity 3 September, 2015. Total demand for government 5-yr T-Bonds in
competitive multi-price auction achieved 54,9 million lats. Government T-Bonds
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 1 September maximum yield rate was set 5,75 % , weighted average
yield rate was 5,691 % (coupon 5,625%). 

On Thursday, 2 September, non-competitive fixed rate auction will take place.
In this placement T-bonds with maturity date of five years in a total nominal
value of 3 million lats will be offered.