Government Securities Auction Results December 11

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| Source: Valsts Kase
multilang-release

On Wednesday, 11 December, 12 month domestic government T-Bills were offered with maturity 12 December, 2014.

All offered securities with the total nominal value of 10 million lats were sold in a competitive multi-price auction.

Total demand reached 33,1 million lats and exceeded the amount offered 3,3 times.

The top admissible yield set by the Treasury was 0,450% and the weighted average yield rate was 0,372%.

On Thursday, 12 December, 12 month T-Bills with the total nominal value of 2 million lats will be offered in a non-competitive fixed rate auction.

         Eva Dzelme
         Press Secretary
         Phone: +371 67 094 324
         Mobile phone: +371 26 499 049
         e-mail: Eva.dzelme@kase.gov.lv
         
         The Treasury
         of the Republic of Latvia
         Smilšu ielā 1
         Rīgā, LV-1919
         LATVIA
         Phone: +371 67094 222
         Fax: +371 67094 220
         e-mail: kase@kase.gov.lv
         http://www.kase.gov.lv
         Twitter: @Valstskase