Atnaujinta: 2021.09.21 11:39 (GMT+3)

LVG: The Treasury sold government T-Bills with value of 8 million lats

2010.05.26, Valsts Kase / Treasury of Latvia, RIG
Valsts Kase                    Company Announcement                   26.05.2010

The Treasury sold government T-Bills with value of 8 million lats

T-Bills with the total value of 8,0 million lats were sold during the
government domestic securities competitive multi-price auction.

In government domestic securities auctions short-term bills with two different
maturity dates were offered - bills with a maturity date of 26 November 2010
(six month bills) and bills with a maturity date of 27 May 2011 (twelve month
bills).

Total demand for government T-bills in competitive multi-price auction reached
27,952 million lats.

In competitive multi-price auction in May 26 maximum yield rate set for 6 month
T-bills 2,20% and for 12 month T-bills 3,65%. The weighted average yield rate
for six month T-bills was 2,151% and for twelve month T-bills was 3,528%.

On Thursday, May 27, non-competitive fixed rate auctions will take place. In
these placements T-bills with maturity date of six and twelve months in a total
nominal value of 2 million lats will be offered.

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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