The Treasury, Smilšu 1, Riga, 2011-05-18 12:51 CEST (GLOBE NEWSWIRE) -- On Wednesday, 18 of May, six month government bills with maturity 17 November, 2011 were offered. Total demand for government T-bills in competitive multi-price auction achieved 13,9 million lats.
Government bills with the total value of 4,0 million lats were sold during the government domestic securities competitive multi-price auction.
In competitive multi-price auction in 18 of May maximum yield rate for six month T-bills was set 1,35 %, weighted average yield rate was 1,08 %.
On Thursday, 19 of May, non-competitive fixed rate auction will take place. In this placement T-bills with maturity six months in a total nominal value of 1 million lats will be offered.
Gunita Sapoznikova
Press secretary
The Treasury of the Republic of Latvia
Phone: + 371 67094324
e-mail: gunita.sapoznikova@kase.gov.lv