Latvian State Treasury has published information, reporting that on the 15th of November the institution released 5.5-year eurobonds on international financial markets on Latvia’s behalf, attracting EUR 600 million with a yield of 3.902% and fixed coupon rate of 3.875%.
The maturity date of newly issued bonds is the 22nd of May, 2029, as reported by the State Treasury. The leading banks included British Barclays and French Natixis and Societe Generale.
The total demand for Latvian eurobonds was EUR 1.8 billion,
exceeding the sold volume three times.
Bonds were acquired by about 80 investors from various European countries, including Germany, Britain, France and Benelux.
The last time Latvia borrowed from international financial markets was July 2023, when the State Treasury emitted 10-year bonds worth EUR 750 million with a yield of 3.91% and a coupon rate of 3.875%. The maturity date for those bonds is the 12th of July 2033.
Also read: Latvian Saeima conceptually supports next year’s budget project
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