Competitive bids auction of Latvian GMTN notes raises EUR 35 million
| Published date | 18 May 2022 |
| Publication title | LETA |
A competitive bids auction on Nasdaq Riga on Wednesday sold EUR 35 million worth of Latvian GMTN notes, the stock exchange informed.
The bonds were oversubscribed by 95.7 percent.
The average weighed yield of the securities maturing October 7, 2026 was 1.543 percent (1.426 percent at the previous auction on April 27, 2022) and the total bid amount from the five participants at the auction was EUR 68.5 million, while the supply from...
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