Primary placement auctions of Latvian Government debt securities

6 Jul, 2012 10:08 CET

NASDAQ OMX Riga
Announcement from the exchange

Primary placement auctions of Latvian Government debt securities

Riga, Latvia, 2012-07-06 10:08 CEST (GLOBE NEWSWIRE) -- 

In order to place Latvian Government Treasury short term debt securities
competitive multi-price auctions will be run on NASDAQ OMX Riga on July 11,
2012. 

Non-competitive fixed rate auctions will be run on NASDAQ OMX Riga on July 12,
2012; the fixed rate set by State Treasury will be published on NASDAQ OMX Riga
webpage after the competitive auctions. 



Latvian Government short term debt securities:

ISIN        Order      Maturity     Competitive auction    Non-competitive      
             book       date        Total value to be       auction             
                                     placed (LVL)          Total value to be    
                                                            placed (LVL)        
--------------------------------------------------------------------------------
LV00005     LVGA00001  12.07.2013.              8 000 000              2 000 000
 41761      3F                                                                  
--------------------------------------------------------------------------------



The settlement date for both (competitive and non-competitive) auctions is on
July 13, 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. 



NASDAQ OMX
Baltic Market
Transaction Services
+371 67 212 431
www.nasdaqomxbaltic.com