Primary placement auctions of Latvian Government debt securities


Riga, Latvia, 2014-10-15 16:16 CEST (GLOBE NEWSWIRE) -- In order to place additional Latvian Government Treasury long term debt securities competitive multi-price and non-competitive fixed rate auctions will be run on Nasdaq Riga on October 22, 2014.

The fixed rate for the non-competitive auction set by State Treasury will be published on Nasdaq Riga webpage after the competitive auctions.

 

Latvian Government long term debt securities:

ISIN Order book Nominal value (EUR) Maturity date Fixed income (coupon) rate Fixed income coupon dates Competitive auction
Total value to be placed (EUR)
Non-competitive auction
Total value to be placed (EUR)
LV0000570125 LVGA018719A 1000 21.11.2019. 1.875% 21.11.2014.*
21.11.2015.
21.11.2016.
21.11.2017.
21.11.2018.
21.11.2019.
16 000 000 4 000 000

 * On first fixed income coupon date 21.11.2014 full coupon payment will be made, accrued interest is calculated from 21.11.2013.

 

The settlement date is October 24, 2014.

 

Latvian Government debt securities auctions under The Treasury of the Republic of Latvia are organized by Nasdaq Riga. Settlement is provided by Latvian Central Depository. From 2005 by the end of 2013 the total volume of Latvian Government debt securities sold at Nasdaq Riga auctions amounted EUR 4.8 billion.

 

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