Government Securities Auction Results - 25 and 26 January (Additional Information on 26 January)

On Wednesday, 25 January, five-year domestic government bonds were offered with
maturity 27 January, 2017. Total demand for government 5-yr T-Bonds in
competitive multi-price auction achieved 19,855 million lats.

Government T-Bonds with the total value of 8,0 million lats were sold during
the government domestic securities competitive multi-price auction.

In competitive multi-price auction in 25 January maximum yield rate was set 5,0
%, weighted average yield rate was 4,392%. (coupon 4,375%).

On Thursday, 26 January, non-competitive fixed rate auction took place. Total
demand for 5-yr T-Bonds in non-competitive fixed rate auctions achieved 7,12
million lats.

In this placement 5-yr T-Bonds in a total nominal value of 2,0 million lats
were sold.


The Treasury of the Republic of Latvia
Smilsu iela 1
Riga, LV-1919
Latvia
Phone: + 371 67094222
Fax: + 371 67094220
E-mail: kase@kase.gov.lv
www.kase.gov.lv