Published: 2011-05-18 12:51:22 CEST
Valsts Kase
Company Announcement

Government Securities Auction Results - 18 of May

On Wednesday, 18 of May, six month government bills with maturity 17 November, 2011 were offered. Government bills with the total value of 4,0 million lats were sold.

The Treasury, Smilšu 1, Riga, 2011-05-18 12:51 CEST -- On Wednesday, 18 of May, six month government bills with maturity 17 November, 2011 were offered. Total demand for government T-bills in competitive multi-price auction achieved 13,9 million lats.

Government bills with the total value of 4,0 million lats were sold during the government domestic securities competitive multi-price auction.

In competitive multi-price auction in 18 of May maximum yield rate for six month T-bills was set 1,35 %, weighted average yield rate was 1,08 %.

On Thursday, 19 of May, non-competitive fixed rate auction will take place. In this placement T-bills with maturity six months in a total nominal value of 1 million lats will be offered.

 

         Gunita Sapoznikova
         Press secretary
         The Treasury of the Republic of Latvia
         Phone: + 371 67094324
         e-mail: gunita.sapoznikova@kase.gov.lv