The first auction of Government T-bills on the RSE succeeds

06.07.2005 RIG

Today, on July 6, 2005, the frst primary placement multi-price competive auction was run on the RSE SAXESS trading system. The total value of debt securities placed was LVL 4,200,000, and volume-weighted average rate was 2.302%.

The value of T-bills put our for sale was up to LVL 8 million. The auction gathered 5 participants, and their total bid value was as high as LVL 23,240,000. The best winning bid was 2.340%. The maximum admissible fixed income rate sate by State Treasury was 2.350%.

For more information, please contact:
Inese Purgaile, Corporate Communications Specialist
Riga Stock Exchange
Phone: +371 7212431