The Treasury, Smilšu 1, Riga, 2011-06-01 13:10 CEST (GLOBE NEWSWIRE) -- On Wednesday, 1 of June, 12 month government bills with maturity 1 of June, 2012 were offered. Total demand for government T-bills in competitive multi-price auction achieved 32,18 million lats.
Government bills with the total value of 8,0 million lats were sold during the government domestic securities competitive multi-price auction.
In competitive multi-price auction in 1 of June maximum yield rate for six month T-bills was set 2,0%, weighted average yield rate was 1,808 %.
On Thursday, 2 of June, non-competitive fixed rate auction will take place. In this placement T-bills with maturity 12 months in a total nominal value of 2 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