By Tali Rackner
Norfolk, Va., Jan. 21 – The Republic of Latvia auctioned €16 million of 0.25% government debt securities due Jan. 23, 2018 in a multi-price auction on Wednesday, according to a notice.
The average volume-weighted bid yield for the competitive securities is 0.28%. The admissible yield was capped at 0.75%, and the top bid yield received was 0.28%.
Latvia received five competitive bids for a total of €131,425,000.
Issuer: | Latvia
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Amount: | €16 million
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Maturity: | Jan. 23, 2018
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Coupon: | 0.25%
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Description: | Government debt securities
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Auction date: | Jan. 21
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Settlement date: | Jan. 23
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