Announcement on the results of government debt securities primary placement auctions


Riga, Latvia, 2011-11-09 12:48 CET (GLOBE NEWSWIRE) --

ISIN code of the security LV00005 70091
Date of competitive multi-price auction 09.11.2011
Settlement date 11.11.2011
Maturity date 29.07.2016
Supply value for competitive multi-price auction (LVL) 24 000 000
Total value bid at competitive multi-price auction (LVL) 24 430 000
Total value placed via competitive multi-price auction (LVL) 20 410 000
Number of participants at competitive multi-price auction 6
Top admissible yield as specified by State Treasury (%) 4.50
Fixed income (coupon rate) specified by State Treasury 4.000
Average volume-weighted and top bid yield in executed bids (%) 4.232 % and 4.500 %

 

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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