By Sarah Lizee
Olympia, Wash., April 4 – The Republic of Latvia auctioned €40 million of ¼% government debt securities due May 12, 2023 in a multi-price auction on Wednesday.
The sovereign accepted €30 million of the €96.97 million of competitive bids and €10 million of the €12.5 million of non-competitive bids, according to a notice.
The average volume-weighted bid yield was 0.494%. The top bid yield received was 0.518%.
Issuer: | Latvia
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Amount: | €40 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: | 0.494%
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Auction date: | April 4
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Settlement date: | April 6
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