New Issue: Latvia auctions €32 million government securities due 2016 at 0.02%

By Tali Rackner

Norfolk, Va., Nov. 4 – The Republic of Latvia auctioned €32 million of government debt securities due July 22, 2016 in a multi-price auction on Wednesday, according to a notice.

The average volume-weighted bid yield is 0.02%. The admissible yield was capped at 0.1%, and the top bid yield received was 0.025%.

Latvia received five competitive bids for a total of €118 million.

Issuer:	Latvia
Amount:	€32 million
Maturity:	July 22, 2016
Description:	Government debt securities
Average yield:	0.02%
Auction date:	Nov. 4
Settlement date:	Nov. 6

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.