Primary placement auctions of Latvian Government debt securities


Riga, Latvia, 2013-06-07 15:52 CEST (GLOBE NEWSWIRE) -- In order to place Latvian Government Treasury short term debt securities competitive multi-price auctions will be run on NASDAQ OMX Riga on June 12, 2013.

Non-competitive fixed rate auctions will be run on NASDAQ OMX Riga on June 13, 2013; the fixed rate set by State Treasury will be published on NASDAQ OMX Riga webpage after the competitive auctions.

Latvian Government short term debt securities:

ISIN Order book Maturity date Competitive auction
Total value to be placed (LVL)
Non-competitive auction
Total value to be placed (LVL)
LV0000533008 LVGA000013N 13.12.2013. 8 000 000 2 000 000

 

The settlement date for both (competitive and non-competitive) auctions is on June 14, 2013.

The nominal value of one security is LVL 100.

Latvian Government debt securities auctions under The Treasury of the Republic of Latvia are organized by NASDAQ OMX Riga. Settlement is provided by Latvian Central Depository. From 2005 by the end of 2012 the total volume of Latvian Government debt securities sold at NASDAQ OMX Riga auctions amounted EUR 4.4 billion.

 

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