Government Securities Auction Results

On Wednesday, 9 March, six month government bills with maturity 9 September, 2011 and twelve month government bills with maturity 9 March, 2012 were offered.


The Treasury, Smilšu 1, Riga, 2011-03-09 12:43 CET (GLOBE NEWSWIRE) -- On Wednesday, 9 March, six month government bills with maturity 9 September, 2011 and twelve month government bills with maturity 9 March, 2012 were offered. Total demand for government T-bills in competitive multi-price auction achieved 59,67 million lats.

Government bills with the total value of 24,0 million lats were sold during the government domestic securities competitive multi-price auction.

In competitive multi-price auction in 9 March maximum yield rate for six month T-bills was set 1,35 %, weighted average yield rate was 1,102 % and for twelve month T-bills maximum yield rate was set 2,00% and weighted average yield rate was 1,747 %.

 

 

         Gunita Sapoznikova
         Press secretary
         The Treasury of the Republic of Latvia
         Phone: + 371 67094324
         e-mail: gunita.sapoznikova@kase.gov.lv