Latvia has borrowed 1.25 billion euros on international financial markets, according to information published by the State Treasury.
On Thursday, the 25th of September, the State Treasury, on behalf of Latvia, priced a 10-year eurobond issue, raising 1.25 billion euros with a yield of 3.583% and a fixed coupon rate of 3.5%.
Latvian government securities were purchased by around 70 investors from various European countries, including the United Kingdom, Germany, Spain, and the Benelux states.
Total demand for Latvian eurobonds exceeded 2.5 billion euros.
The lead managers of the issuance were Deutsche Bank, Erste Group, and Goldman Sachs Bank Europe.
Latvia last borrowed on international financial markets in May 2025. On the 14th of May this year, the State Treasury issued a five-year eurobond, raising 1 billion euros with a yield of 2.971% and a fixed coupon rate of 2.875%. These bonds are set to mature on the 21st of May, 2030.
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