Source: Valsts Kase

Government Securities Auction Results - 12 and 13 February (additional information on 13 February)

On Wednesday, 12 February, 12 month domestic government T-Bills were offered with maturity 13 February, 2015.
All offered securities with the total nominal value of 12 million EUR were sold in a competitive multi-price auction.
Total demand reached 37,4 million EUR and exceeded the amount offered 3,1 times.
The top admissible yield set by the Treasury was 0,450% and the weighted average yield rate was 0,374%.

On Thursday, 13 February, all offered 12 month T-Bills with the total nominal value of 3 million EUR were sold in a non-competitive fixed rate auction.
Total demand reached 6 million EUR and exceeded the amount offered 2 times.

         The Treasury of the Republic of Latvia
         Smilsu iela 1
         Riga, LV-1919
         Latvia
         Phone: + 371 67094222
         Fax: + 371 67094220
         E-mail: kase@kase.gov.lv
         http://www.kase.gov.lv
         Twitter: @Valstskase