On Thursday, state bonds worth 50 million euros were sold, according to information from the Nasdaq Riga exchange.
The demand from auction participants for bonds exceeded the volume offered by the State Treasury by 2.7 times, bb.lv reported on the exchange.
Six auction participants submitted bids totaling 136.6 million euros, while the State Treasury offered to sell bonds worth 50 million euros.
The weighted average yield of the bonds maturing on January 24, 2032, rose to 3.249%. For comparison, at the previous auction on October 22, 2025, it was 2.947%.
The new bonds will be combined with previously issued ones, forming a single series with already circulating securities totaling 885 million euros. The issuance is carried out under the Global Medium-Term Note Program (GMTN).
In September 2024, the State Treasury placed corresponding international eurobonds maturing on January 24, 2032, totaling 600 million euros. This issuance was executed on the Luxembourg Stock Exchange.
Later, as part of internal state borrowing auctions, these bonds were additionally placed: at the end of November 2024 — for 25 million euros, at the beginning of January 2025 — for 20 million euros, at the end of March — for 75 million euros, at the beginning of May — for 90 million euros, in mid-August — for 50 million euros, and in the second half of October 2025 — for 25 million euros.
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