New indebtedness – Bonds sold for 34.3 million EUR

(Photo: I.Vukša)

The bonds were sold at the rate of 3.85% per annum, which is by 0.05% lower compared to the previous auction of securities of the same maturity period issued in April.

They become due on 23 July 2018, and the dates of due coupon (2.50% pa) are: 23 July 2016, 23 July 2017 and 23 July 2018.

According to the Directorate’s website, the money gathered from these bonds will be used for financing liabilities on the basis of earlier issued securities which become due in July 2015.