By Tali Rackner
Norfolk, Va., Jan. 14 – The Republic of Latvia auctioned €30 million of government debt securities due July 10, 2015 in a multi-price auction on Wednesday, according to a notice.
Of the accepted bids, €24 million were competitive and €6 million were non-competitive.
The average volume-weighted bid yield for the competitive securities is 0.041%. The admissible yield was capped at 0.1%, and the top bid yield received was 0.05%.
Latvia received five competitive bids for a total of €100 million. It received five non-competitive bids received for a total of €65.01 million.
| Issuer: | Latvia
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| Amount: | €30 million
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| Maturity: | July 10, 2015
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| Description: | Government debt securities
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| Auction date: | Jan. 14
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| Settlement date: | Jan. 16
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