Nasdaq Riga: Exchange announcement on the results of government debt securities primary placement auction

Riga, Latvia, 2019-12-11 14:17 CET --
ISIN code of the security                                        LV0000570174  
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Date of competitive multi-price auction                            11.12.2019  
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Date of non-competitive fixed rate auction                         11.12.2019  
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Settlement date                                                    13.12.2019  
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Maturity date                                                      31.01.2025  
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Supply value for competitive multi-price auction (EUR)             16 000 000  
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Total value bid at competitive multi-price auction (EUR)           37 050 000  
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Total value placed via competitive multi-price auction (EUR)       16 000 000  
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Number of participants at competitive multi-price auction              4       
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Maximum admissible yield as specified by State Treasury (%)          0.100     
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Fixed income (coupon) rate (%)                                       0.000     
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Average volume-weighted and top bid yield in executed bids (%)  0.085 and 0.095
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Total value bid at non-competitive auction (EUR)                   9 050 000   
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Total value placed via non-competitive auction (EUR)               4 000 000   
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Number of participants at non-competitive auction                      4       
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Latvian Government securities auctions are organized via Nasdaq Riga. At the
end of Q3 of 2019 the outstanding amount of Latvian Government domestic
securities was 1.17 billion EUR. 



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