Latvia has established Global Medium Term Note programme
Latvia has established its first Global Medium Term Note (GMTN) programme.
The GMTN programme is a legal framework of standardised issuance documentation that facilitates borrowing activities - issuance of public benchmark bonds and private placements in the international capital market.
The GMTN programme conforms to Latvia`s borrowing principle - ensuring flexibility to take advantage of favourable market conditions.
The GMTN programme is a multi-currency programme, with no expiry date and is unlimited in amount.
The Offering Circular dated 7 June 2013, the Supplements to the Offering Circular dated 10 January 2014 and 31 May 2017 and the Information Statement dated 31 August 2017 are available here in one document.