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Published on 12/7/2012 in the Prospect News Emerging Markets Daily.

Fitch gives Latvia bond BBB

Fitch Ratings said it has assigned Latvia's $1.25 billion bond due Jan. 12, 2020 a BBB rating.

The bond has a coupon of 2.75%.

The rating is in line with Latvia's BBB long-term foreign currency issuer default rating, on which the outlook is positive, the agency said.


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