Exchange announcement on the results of government debt securities primary placement auction


Riga, Latvia, 2018-12-19 14:20 CET (GLOBE NEWSWIRE) --

ISIN code of the security LV0000570166
Date of competitive multi-price auction 19.12.2018
Date of non-competitive fixed rate auction 19.12.2018
Settlement date 21.12.2018
Maturity date 02.11.2023
Supply value for competitive multi-price auction (EUR) 16 000 000
Total value bid at competitive multi-price auction (EUR) 69 750 000
Total value placed via competitive multi-price auction (EUR) 16 000 000
Number of participants at competitive multi-price auction 4
Maximum admissible yield as specified by State Treasury (%) 0.600
Fixed income (coupon) rate (%) 0.500
Average volume-weighted and top bid yield in executed bids (%) 0.583 and 0.590
Total value bid at non-competitive auction (EUR) 25 900 000
Total value placed via non-competitive auction (EUR) 4 000 000
Number of participants at non-competitive auction 4

 

Latvian Government securities auctions are organized via Nasdaq Riga. At the end of Q3 of 2018 the outstanding amount of Latvian Government domestic securities was 1.130 billion EUR.

 

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Nasdaq Baltic is a common name for exchanges, regulated markets, alternative markets First North operated by Nasdaq companies in the Baltic states, i.e. Nasdaq Tallinn AS, Nasdaq Riga AS and AB Nasdaq Vilnius.