Government Securities Auction Results - 20 July


On Wednesday, 20 July, 12 month government bills with maturity 20 July, 2012 were offered. Total demand for government T-bills in competitive multi-price auction achieved 16,49  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 20 July maximum yield rate for 12 month T-bills was set 2,0 %, weighted average yield rate was 1,913%.

On Thursday, 21 July, 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.

More detailed information on recent auctions is available on the Treasury’s home page in the section “Debt and Cash Management ”.

         Sandra Gīle
         Deputy Head of Office
         Phone: +371 67 094 337
         e-mail: Sandra.Gile@kase.gov.lv
         
         The Treasury
         of the Republic of Latvia
         Smilšu iela 1
         Riga, LV-1919
         LATVIA
         Phone: +371 67094 222
         Fax: +371 67094 220
         e-mail: kase@kase.gov.lv
         www.kase.gov.lv