Announcement on the results of government debt securities primary placement auction


Riga, Latvia, 2011-07-07 12:16 CEST (GLOBE NEWSWIRE) --  

ISIN code of the security LV00005 32943 LV00005 41654
Date of competitive multi-price auction 06.07.2011 06.07.2011
Date of non-competitive fixed rate auction 07.07.2011 07.07.2011
Settlement date 08.07.2011 08.07.2011
Maturity date 06.01.2012 06.07.2012
Supply value for competitive multi-price auction (LVL) 8 000 000 8 000 000
Total value bid at competitive multi-price auction (LVL) 7 900 000 12 890 000
Total value placed via competitive multi-price auction (LVL) 7 900 000 8 000 000
Number of participants at competitive multi-price auction 3 6
Top admissible yield as specified by State Treasury (%) 1.40 2.00
Average volume-weighted and top bid yield in executed bids 1.153% and 1.400 % 1.754% and 1.890 %
Supply value for non-competitive auction (LVL) 2 000 000 2 000 000
Total value bid at non-competitive auction (LVL) 600 000 1 000 000
Total value placed via non-competitive auction (LVL): 600 000 1 000 000
Number of participants at non-competitive auction 2 1

 

Latvian Government debt securities auctions under The Treasury of the Republic of Latvia are organized by NASDAQ OMX Riga. Settlement is provided by Latvian Central Depository. From 2005 by the end of 2010 the total volume of Latvian Government debt securities sold at NASDAQ OMX Riga auctions amounted EUR 3.4 billion.

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