OREANDA-NEWS. Primary placement auctions of Latvian Government debt securities.

In order to place additional Latvian Government Treasury long term debt securities competitive multi-price and non-competitive fixed rate auctions will be run on Nasdaq Riga on December 10, 2014.

The fixed rate for the non-competitive auction set by State Treasury will be published on Nasdaq Riga webpage after the competitive auctions.

Latvian Government debt securities auctions under The Treasury of the Republic of Latvia are organized by Nasdaq Riga. Settlement is provided by Latvian Central Depository. From 2005 by the end of 2013 the total volume of Latvian Government debt securities sold at Nasdaq Riga auctions amounted EUR 4.8 billion.