Latvia borrows €1.25 billion from international financial markets

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Latvia has borrowed €1.25 billion from international financial markets, according to information published by the Treasury.

On Thursday, September 25, the Treasury issued 10-year Eurobonds on behalf of Latvia, raising €1.25 billion with a yield of 3.583 percent and a fixed coupon rate of 3.5 percent.

Latvian government securities were purchased by around 70 investors from various European countries, including the UK, Germany, Spain, and the Benelux states.

Total demand for Latvian Eurobonds exceeded €2.5 billion.

Deutsche Bank, Erste Group, and Goldman Sachs Bank Europe acted as lead managers for the issue.

Latvia last tapped international financial markets in May 2025, when the Treasury issued five-year Eurobonds worth €1 billion with a yield of 2.971 percent and a coupon rate of 2.875 percent. The bonds mature on May 21, 2030.

Source: BNS

(Reproduction of BNS information in mass media and other websites without written consent of BNS is prohibited)

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