Government Securities Auction Results - 7 and 8 May ((additional information - 8 May)


On Wednesday, 7 May, 12 month domestic government T-Bills were offered with maturity 8 May, 2015.

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

The total demand reached 45,5 million EUR and exceeded the amount offered 3,8 times.

The top admissible yield set by the Treasury was 0,45% and the weighted average yield rate was 0,370% (in the 12 month T-Bill auction on 9 April 2014 – 0,373%).

On Thursday, 8 May, 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 7,5 million EUR and exceeded the amount offered 2,5 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
         www.kase.gov.lv