OREANDA-NEWS. RIG: Exchange announcement on the results of government debt securities primary placement auctions.

ISIN code of the security LV0000570133
Date of competitive multi-price auction 16.03.2016
Settlement date 18.03.2016
Maturity date 05.06.2020
Supply value for competitive multi-price auction (EUR) 24 000 000
Total value bid at competitive multi-price auction (EUR) 80 190 000
Total value placed via competitive multi-price auction (EUR) 24 000 000
Number of participants at competitive multi-price auction 5
Maximum admissible yield as specified by State Treasury (%) 0.500
Fixed income (coupon) rate (%) 0.625
Average volume-weighted and top bid yield in executed bids (%) 0.284 and 0.360

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 2015 the total volume of Latvian Government debt securities sold at Nasdaq Riga auctions amounted to EUR 5.6 billion.

Nasdaq Baltic is a common name for exchanges, regulated markets, alternative markets First North operated by Nasdaq companies in the Baltic states, i.e. Nasdaq Tallinn AS, Nasdaq Riga AS and AB Nasdaq Vilnius.