By Marisa Wong
Morgantown, W.Va., Jan. 25– 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 and top bid yields were negative 0.025% and negative 0.02%, respectively. The maximum admissible yield was 0%.
Latvia received five competitive bids for a total of €99.3 million and four non-competitive bids for a total of €30,002,000.
Issuer: | Latvia
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Issue: | 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 and top bid yield: | Negative 0.025% and negative 0.02%
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Auction date: | Jan. 25
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Settlement date: | Jan. 27
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