By Susanna Moon
Chicago, Nov. 5 – Latvia auctioned €15 million of notes due 2015, according to a term sheet.
The total value of bids was €58 million, with €49 million of the bids at competitive multi-price auction. Of the total amount placed, €12 million was competitive.
The maximum admissible yield as specified by the state treasury was 0.35%, and the average volume-weighted and top bid yield in executed bids were 0.068% and 0.070%.
| Issuer: | Latvia
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| Amount: | €15 million
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| Maturity: | Nov. 6, 2015
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| Description: | Notes
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| Auction date: | Nov. 5
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| Settlement date: | Nov. 7
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