Last update: 25.10.2021 01:56 (GMT+3)

LVG: On 19 and 20 May the Treasury sold government T-Bonds with value of 13 million lats

20.05.2010, Valsts Kase / Treasury of Latvia, RIG
Valsts Kase                    Company Announcement                   20.05.2010

On 19 and 20 May the Treasury sold government T-Bonds with value of 13 million
lats

In government domestic securities auctions short-term bills with two different
maturity dates were offered - bills with a maturity date of 17 November 2010
(six month bills) and bills with a maturity date of 20 May 2011 (twelve month
bills).

Total demand for government T-bills in competitive multi-price auction achieved
22,9 million lats. T-Bills with the total value of 12,0 million lats were sold
during the government domestic securities competitive multi-price auction.

In competitive multi-price auction in May 19 maximum yield rate set for 6 month
T-bills 2,15% and for 12 month T-bills 3,50%. The weighted average yield rate
for six month T-bills was 2,014% and for twelve month T-bills was 3,366%.

On Thursday, non-competitive fixed rate auctions took place. In this placement
T-bills with maturity date of six months in a total nominal value of 1 million
lats were sold.

More detailed information on recent auctions is available on the Treasury's
home page in the section “Debt and Cash Management”.

Zane Sneidere
Press secretary
The Treasury of the Republic of Latvia
Phone: + 371 67094324
e-mail: Zane.sneidere@kase.gov.lv

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