By Tali Rackner
Minneapolis, May 30 – The Republic of Latvia auctioned €16 million of ¼% government debt securities due May 12, 2023 in a multi-price auction on Wednesday, according to a notice.
All accepted bids were competitive.
The average volume-weighted bid yield was negative 0.487%. The maximum admissible yield was 0.55%, and the top bid yield received was 0.52%.
Latvia received four competitive bids for a total of €30.3 million.
| Issuer: | Latvia
|
| Amount: | €16 million
|
| Maturity: | May 12, 2023
|
| Description: | Government debt securities
|
| Coupon: | ¼%
|
| Average yield: | 0.487%
|
| Auction date: | May 30
|
| Settlement date: | June 1
|
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