On Wednesday, 11 of May, twelve month government bills with maturity 11 of May, 2012 were offered. Total demand for government T-bills in competitive multi-price auction achieved 29,7 million lats. Government bills with the total value of 12,0 million lats were sold during the government domestic securities competitive multi-price auction. In competitive multi-price auction in 11 of May maximum yield rate for twelve month T-bills was set 2,0%, weighted average yield rate was 1,842%.
On Thursday, 12 of May, non-competitive fixed rate auction will take place. In this placement T-bills with maturity twelve months in a total nominal value of 3 million lats will be offered.
Detailed information about planned issues of government domestic securities please find on the Treasury's home page (here: http://www.kase.gov.lv/?object_id=7246).
Gunita Sapoznikova
Press secretary
The Treasury of the Republic of Latvia
Phone: + 371 67094324
e-mail: gunita.sapoznikova@kase.gov.lv