Primary placement auctions of Latvian Government debt securities
6/21/2012 9:33 AM EST
NASDAQ OMX Riga
Announcement from the exchange
Primary placement auctions of Latvian Government debt securities
Riga, Latvia, 2012-06-21 15:33 CEST (GLOBE NEWSWIRE) -- In order to place
additional Latvian Government Treasury long term debt securities competitive
multi-price auction will be run on NASDAQ OMX Riga on June 27, 2012.
Non-competitive fixed rate auctions will be run on NASDAQ OMX Riga on June 28,
2012; the fixed rate set by State Treasury will be published on NASDAQ OMX Riga
webpage after the competitive auctions.
Latvian Government long term debt securities:
ISIN Order Maturity Coupon Fixed income Competitive Non-competit
book date rate coupon auction ive auction
(%) dates Total value Total value
to be to be
placed placed
(LVL) (LVL)
--------------------------------------------------------------------------------
LV00005 LVGA05 27.10.2022. 5.250 27.10.2012.* 5 000 000 5 000 000
80058 2522A 27.10.2013.
27.10.2014.
27.10.2015.
27.10.2016.
27.10.2017.
27.10.2018.
27.10.2019.
27.10.2020.
27.10.2021.
27.10.2022.
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* On first fixed income coupon date 27.10.2012 full coupon payment will be
made, the coupon interest is calculated from 27.10.2011.
The settlement date for both (competitive and non-competitive) auctions is on
June 29, 2012.
The nominal value of one security is LVL 100.
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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