Latvian Government Announced Placement Auctions of Debt Securities
OREANDA-NEWS. In order to place additional Latvian Government Treasury medium term debt securities competitive multi-price auction will be run on NASDAQ OMX Riga on October 23, 2013.
Non-competitive fixed rate auctions will be run on NASDAQ OMX Riga on October 24, 2013; the fixed rate set by State Treasury will be published on NASDAQ OMX Riga webpage after the competitive auctions.
The settlement date for both (competitive and non-competitive) auctions is on October 25, 2013.
The nominal value of one security is LVL 100.
Latvian Government debt securities auctions under The Treasury of the Republic of Latvia are organized by NASDAQ OMX Riga. Settlement is provided by Latvian Central Depository. From 2005 by the end of 2012 the total volume of Latvian Government debt securities sold at NASDAQ OMX Riga auctions amounted EUR 4.4 billion.
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