Announcement on the results of government debt securities primary placement auction

Riga, Latvia, 2012-01-26 12:16 CET (GLOBE NEWSWIRE) --
ISIN code of the security LV00005 70109
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Date of competitive multi-price auction 25.01.2012
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Date of non-competitive fixed rate auction 26.01.2012
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Settlement date 27.01.2012
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Maturity date 27.01.2017
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Supply value for competitive multi-price auction (LVL) 8 000 000
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Total value bid at competitive multi-price auction (LVL) 19 855 000
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Total value placed via competitive multi-price auction 8 000 000
(LVL)
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Number of participants at competitive multi-price auction 5
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Top admissible yield as specified by State Treasury (%) 5.00
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Fixed income (coupon) rate specified by State Treasury (%) 4.375
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Average volume-weighted and top bid yield in executed bids 4.392 % and 4.698 %
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Supply value for non-competitive auction (LVL) 2 000 000
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Total value bid at non-competitive auction (LVL) 7 120 000
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Total value placed via non-competitive auction (LVL): 2 000 000
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Number of participants at non-competitive auction 6
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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 2011 the total volume of Latvian
Government debt securities sold at NASDAQ OMX Riga auctions amounted EUR 4.0
billion.


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