Announcement on the results of government debt securities primary placement auctions


Riga, Latvia, 2012-03-21 12:23 CET (GLOBE NEWSWIRE) --

ISIN code of the security LV00005 70109
Date of competitive multi-price auction 21.03.2012
Settlement date 23.03.2012
Maturity date 27.01.2017
Supply value for competitive multi-price auction (LVL) 8 000 000
Total value bid at competitive multi-price auction (LVL) 36 770 000
Total value placed via competitive multi-price auction (LVL) 8 000 000
Number of participants at competitive multi-price auction 7
Top admissible yield as specified by State Treasury (%) 4.60
Fixed income (coupon rate) specified by State Treasury (%) 4.375
Average volume-weighted and top bid yield in executed bids (%) 4.114 % and 4.140 %

 

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 2011 the total volume of Latvian Government debt securities sold at NASDAQ OMX Riga auctions amounted EUR 4.0 billion.

         NASDAQ OMX Riga
         Market services
         +371 67 212 431