LVG: The Treasury sold government T-Bills with value of 8 million lats
Spekuliantai.lt
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2010-06-16
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LVG: The Treasury sold government T-Bills with value of 8 million lats
Valsts Kase Company Announcement 16.06.2010
The Treasury sold government T-Bills with value of 8 million lats
On June 16 the Treasury sold government T-Bonds with total value of 8 million
lats. Total demand for government securities in competitive multi-price auction
achieved 25,6 million lats.
In government domestic securities auctions short-term bills with two different
maturity dates were offered - bills with a maturity date of 17 December 2010
(six month bills) and bills with a maturity date of 17 June 2011 (twelve month
bills).
In competitive multi-price auction on June 16 maximum yield rate set for 6
month T-bills 2,20% and for 12 month T-bills 3,50%. The weighted average yield
rate for six month T-bills was 2,18% and for twelve month T-bills was 3,26%.
On Thursday, June 17, non-competitive fixed rate auctions will take place. In
these placements T-bills with maturity date of six and twelve months in a total
nominal value of 2 million lats will be offered.
Ieva Valpetere
Press secretary
The Treasury of the Republic of Latvia
Phone: + 371 67094324
e-mail: [email protected]