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Regulatory press release

Exchange announcement on the results of government debt securities primary placement auction

Read the release
Nasdaq Riga
Announcement from the exchange

Exchange announcement on the results of government debt securities primary
placement auction

Riga, Latvia, 2018-09-19 14:20 CEST (GLOBE NEWSWIRE) -- 
ISIN code of the security                               LV0000570158            
--------------------------------------------------------------------------------
Date of competitive multi-price auction                   19.09.2018            
--------------------------------------------------------------------------------
Date of non-competitive fixed rate auction                19.09.2018            
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Settlement date                                           21.09.2018            
--------------------------------------------------------------------------------
Maturity date                                             12.05.2023            
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Supply value for competitive multi-price                  16 000 000            
 auction (EUR)                                                                  
--------------------------------------------------------------------------------
Total value bid at competitive multi-price                52 387 000            
 auction (EUR)                                                                  
--------------------------------------------------------------------------------
Total value placed via competitive                        16 000 000            
 multi-price auction (EUR)                                                      
--------------------------------------------------------------------------------
Number of participants at competitive                         4                 
 multi-price auction                                                            
--------------------------------------------------------------------------------
Maximum admissible yield as specified by                    0.550               
 State Treasury (%)                                                             
--------------------------------------------------------------------------------
Fixed income (coupon) rate (%)                              0.250               
--------------------------------------------------------------------------------
Average volume-weighted and top bid yield              0.475 and 0.490          
 in executed bids (%)                                                           
--------------------------------------------------------------------------------
Total value bid at non-competitive auction                13 100 000            
 (EUR)                                                                          
--------------------------------------------------------------------------------
Total value placed via non-competitive                    4 000 000             
 auction (EUR)                                                                  
--------------------------------------------------------------------------------
Number of participants at non-competitive       <font face="Arial, Helvetica,   
 auction                                            sans-serif">3</font>        
--------------------------------------------------------------------------------



Latvian Government securities auctions are organized via Nasdaq Riga. At the
end of Q2 of 2018 the outstanding amount of Latvian Government domestic
securities was 1.097 billion EUR. 



Nasdaq Baltic
Transaction Services
+371 67 212 431
www.nasdaqbaltic.com

Nasdaq Baltic is a common name for exchanges, regulated markets, alternative
markets First North operated by Nasdaq companies in the Baltic states, i.e.
Nasdaq Tallinn AS, Nasdaq Riga AS and AB Nasdaq Vilnius.
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