Published on 2/28/2018 in the Prospect News Emerging Markets Daily.
New Issue: Latvia auctions €30 million of ¼% government securities at 0.466%
By Susanna Moon
Chicago, Feb. 28 – The Republic of Latvia auctioned €30 million of ¼% government debt securities due May 12, 2023 in a multi-price auction on Wednesday.
Of the accepted bids, €24 million were competitive and €6 million were non-competitive, according to a notice.
The average volume-weighted bid yield was negative 0.513%. The top bid yield received was 0.55%.
| Issuer: | Latvia
|
| Amount: | €30 million
|
| Maturity: | May 12, 2023
|
| Description: | Government debt securities
|
| Coupon: | ¼%
|
| Average yield: | 0.513%
|
| Auction date: | Feb. 28
|
| Settlement date: | March 2
|
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