By Tanya Meyer
Chicago, Jan. 13 – The Republic of Latvia auctioned €50 million of government securities due Feb. 22, 2016 on Thursday, according to a notice.
The weighted average accepted yield was negative 0.055%.
The average volume-weighted yield was negative 0.199%, while the top bid yield in executed bids was negative 0.180%.
Of the total value bid at €176.1 million, €50 million was placed with five buyers by competitive auction.
| Issuer: | Republic of Latvia
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| Amount: | €50 million
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| Maturity date: | Feb. 22, 2016
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| Description: | Government securities
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| Average accepted yield: | -0.055%
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| Auction date: | Jan. 28
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| Settlement date: | Feb. 1
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