By Sarah Lizee
Olympia, Wash., Jan. 10 – The Republic of Latvia auctioned €20 million of ¼% government debt securities due May 12, 2023 in a multi-price auction on Wednesday, according to a notice.
The sovereign accepted €16 million of the €93.15 million of competitive bids and €4 million of the €25.4 million of non-competitive bids.
The average volume-weighted bid yield was 0.362%, and the top bid yield received was 0.4%.
Issuer: | Latvia
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Amount: | €20 million
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Maturity: | May 12, 2023
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Description: | Government debt securities
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Coupon: | ¼%
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Average yield: | 0.362%
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Auction date: | Jan. 10
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Settlement date: | Jan. 12
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