By Tali Rackner
Norfolk, Va., Feb. 4 – The Republic of Latvia auctioned €30 million of government debt securities due Jan. 23, 2018 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 0.257%. The admissible yield was capped at 0.5%, and the top bid yield received was 0.29%.
Latvia received five competitive bids for a total of €136.41 million. It received non-competitive bids for a total of €49.01 million.
| Issuer: | Latvia
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| Description: | Government debt securities
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| Amount: | €30 million
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| Maturity: | Jan. 23, 2018
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| Average yield: | 0.257%
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| Auction date: | Feb. 4
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| Settlement date: | Feb. 6
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