Government Securities Auction Results


Riga, Smilsu 1, 2011-01-19 12:50 CET (GLOBE NEWSWIRE) -- On Wednesday, 19 January, six month government bills with maturity 22 July, 2011 and twelve month government bills with maturity 20 January, 2012 were offered. Total demand for government T-bills in competitive multi-price auction achieved 29,75 million lats.

Government bills with the total value of 20,0 million lats were sold during the government domestic securities competitive multi-price auction.

In competitive multi-price auction in 12 January maximum yield rate for six month T-bills was set 1,35%, weighted average yield rate was 1,271% and for twelve month T-bills maximum yield rate was set 2,00%, and weighted average yield rate was 1,909%.

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