By Tali Rackner
Norfolk, Va., April 28 – The Republic of Latvia auctioned €50 million of government debt securities due May 23, 2016 in a multi-price auction on Wednesday, according to a notice.
The average volume-weighted bid yield is negative 0.302%. The admissible yield was capped at negative 0.2%, and the top bid yield received was negative 0.3%.
Latvia received five competitive bids for a total of €230 million.
| Issuer: | Latvia
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| Description: | Government debt securities
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| Amount: | €50 million
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| Maturity: | May 23, 2016
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| Coupon: | None
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| Average yield: | Negative 0.302%
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| Auction date: | April 28
|
| Settlement date: | May 2
|
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