By Tali Rackner
Norfolk, Va., April 13 – The Republic of Latvia auctioned €30 million of zero-coupon government debt securities due Feb. 12, 2019 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 is 0.079%. The admissible yield was capped at 0.2%, and the top bid yield received was 0.105%.
Latvia received five competitive bids for a total of €122,115,000 and three non-competitive bids for a total of €32.8 million.
| Issuer: | Latvia
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| Description: | Government debt securities
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| Amount: | €30 million
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| Maturity: | Feb. 12, 2019
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| Coupon: | 0%
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| Average yield: | 0.079%
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| Auction date: | April 13
|
| Settlement date: | April 15
|
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