By Sarah Lizee
Olympia, Wash., Sept. 19 – 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 average volume-weighted bid yield was 0.475%. The maximum admissible yield was 0.55% and top bid yield received was 0.49%.
Of the accepted bids, €16 million were competitive and €4 million were non-competitive.
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: | 0.475%
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Auction date: | Sept. 19
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Settlement date: | Sept. 21
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