By Tali Rackner
Norfolk, Va., March 18 – The Republic of Latvia auctioned €30 million of government debt securities due Jan. 23, 2018 in a multi-price auction on Wednesday, according to a notice.
Of the accepted bids, €24 million were competitive and €6 million were non-competitive.
The average volume-weighted bid yield for the competitive securities is 0.194%. The admissible yield was capped at 0.3%, and the top bid yield received was 0.225%.
Latvia received five competitive bids for a total of €135.8 million. It received non-competitive bids for a total of €51.75 million.
Issuer: | Latvia
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Amount: | €30 million
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Maturity: | Jan. 23, 2018
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Description: | Government debt securities
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Coupon: | 0.25%
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Average volume-weighted yield: | 0.194%
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Top bid yield: | 0.225%
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Auction date: | March 18
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Settlement date: | March 20
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