Government Securities Auction Results


On Wednesday, 24 November, six month government bills with maturity 27 May,
2011 and twelve month government bills with maturity 25 November, 2011 were
offered. Total demand for government T-bills in competitive multi-price auction
achieved 46,1 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 24 November maximum yield rate for six
month T-bills was set 1,25%, weighted average yield rate was 0,808% and for
twelve month T-bills maximum yield rate was set 1,50% and weighted average
yield rate was 1,303%. 

On Thursday, 25 November, non-competitive fixed rate auction will take place.
In this placement bills with maturity 27 May, 2011 in a total nominal value of
2 million lats and bills with maturity 25 November 2011 in a total nominal
value of 2 million lats will be offered.