By Tali Rackner
Norfolk, Va., Oct. 12 – 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, maximum admissible yield and top bid yield received were all negative 0.055%.
Latvia received five competitive bids for a total of €98.5 million and four non-competitive bids for a total of €53,201,000.
| 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: | 0%
|
| Average yield: | Negative 0.055%
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| Auction date: | Oct. 12
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| Settlement date: | Oct. 14
|
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