New Issue: Latvia auctions €16 million of ½% government notes to yield 0.549%

By Susanna Moon

Chicago, Oct. 31 – The Republic of Latvia auctioned €16 million of ½% government debt securities due Nov. 2, 2023 in a multi-price auction on Wednesday at a price of 99.758984, according to a notice.

The average volume-weighted bid yield was 0.549%. The maximum admissible yield was 0.6% and top bid yield received was 0.55%.

Issuer:	Latvia
Amount:	€16 million
Maturity:	Nov. 2, 2023
Description:	Government debt securities
Coupon:	0½%
Price:	99.758984
Average yield:	0.549%
Auction date:	Oct. 31
Settlement date:	Nov. 2

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