Government Securities Auction Results

On Wednesday, 9 February, six month government bills with maturity 12 August, 2011 and twelve month government bills with maturity 10 February, 2012 were offered. Total demand for government T-bills in competitive multi-price auction achieved 50,52 million lats.


Riga, Smilsu street 1, 2011-02-09 12:31 CET (GLOBE NEWSWIRE) -- On Wednesday, 9 February, six month government bills with maturity 12 August, 2011 and twelve month government bills with maturity 10 February, 2012 were offered. Total demand for government T-bills in competitive multi-price auction achieved 50,52 million lats. 

Government bills with the total value of 16,0 million lats were sold during the government domestic securities competitive multi-price auction.

In competitive multi-price auction in 9 February maximum yield rate for six month T-bills was set 1,35%, weighted average yield rate was 1,247% and for twelve month T-bills maximum yield rate was set 2,00% and weighted average yield rate was 1,918%.

         Gunita Sapoznikova
         Press secretary
         The Treasury of the Republic of Latvia
         Phone: + 371 67094324
         e-mail: gunita.sapoznikova@kase.gov.lv

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