By Susanna Moon
Chicago, May 25 – The Republic of Latvia auctioned €20 million of 3/8% government debt securities due Jan. 27, 2022 in a multi-price auction on Wednesday, according to a notice.
The average volume-weighted bid yield is 0.395%. The admissible yield was capped at 0.5%, and the top bid yield received was 0.46%.
Of the accepted bids, €16 million were competitive and €4 million were non-competitive.
Latvia received five competitive bids for a total of €67,275,000 and five non-competitive bids for a total of €40,675,000.
Issuer: | Latvia
|
Description: | Government debt securities
|
Amount: | €20 million
|
Maturity: | Jan. 27, 2022
|
Coupon: | 3/8%
|
Average yield: | 0.395%
|
Auction date: | May 25
|
Settlement date: | May 27
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.