Competitive bids auction of Latvian GMTN notes raises EUR 95 million
| Published date | 11 May 2022 |
RIGA, May 11 (LETA) - A competitive bids auction on Nasdaq Riga on Wednesday sold EUR 95 million worth of Latvian GMTN notes, the stock exchange informed.
The bonds were oversubscribed 2.7 times.
The average weighed yield of the securities maturing April 30, 2024 was 0.919 percent (0.334 percent at the previous auction on March 16, 2022) and the total bid amount from the five participants at the auction was EUR 260 million, while the...
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