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


On Wednesday, 12 March, 12 month domestic government T-Bills were offered with maturity 13 March, 2015.

All offered securities with the total nominal value of 12 million EUR were sold in a competitive multi-price auction.

Total demand reached 43,6 million EUR and exceeded the amount offered 3,6 times.

The top admissible yield set by the Treasury was 0,45% and the weighted average yield rate was 0,374%, the same as in the previous 12 month T-Bill auction on 12 February 2014.

On Thursday, 13 March, all offered 12 month T-Bills with the total nominal value of 3,0 million EUR were sold in a non-competitive fixed rate auction.

Total demand reached 8,0 million EUR and exceeded the amount offered 2,7 times.

 

         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