By Wendy Van Sickle
Columbus, Ohio, Aug. 3 – 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, €15,576,000 were competitive and €14,424,000 were non-competitive.
The average volume-weighted bid yield is 0.005%. The admissible yield was capped at 0.025%, and the top bid yield received was 0.025%.
Latvia received five competitive bids for a total of €93,576,000 and five non-competitive bids for a total of €73.15 million.
| Issuer: | Latvia
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| Amount: | €30 million
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| Maturity: | Feb. 12, 2019
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| Description: | Government debt securities
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| Coupon: | None
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| Average yield: | 0.005%
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| Auction date: | Aug. 3
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| Settlement date: | Aug. 5
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