The outstanding amount of savings bonds owned by Latvian residents reached EUR 370 million at the end of 2025, increasing by approximately EUR 48 million during the year. Savings bond issuance in 2025 reached EUR 323 million, significantly exceeding redemption (EUR 274 million), and the number of investors approached 7,900 by the end of the year.
Demand for savings bonds in 2025 remained stable, reflecting investors’ confidence in this instrument – more than 60% of the redeemed savings bond volume is reinvested, often with an increased investment amount and by choosing different maturities. Investors are also actively using the automatic reinvestment option available on the savings bonds website, which allows the reinvestment of the redeemed amount into new savings bonds on the maturity date of the bonds held, according to the selected maturity, without any additional actions.
The public offering of savings bonds is continuously available on the website providing interest rates aligned with current financial market conditions and trends. In 2025 the public offering was expanded with two new maturities – 2 years (from June) and 3 months (from November), thereby broadening and diversifying the range of savings bonds within the most in‑demand maturity segment. The 3‑month savings bonds quickly became popular, with residents purchasing them in the amount of 22,5 million EUR in the last two months of the year.
Savings bonds are a good alternative to deposits in commercial banks, offering competitive returns compared to effective bank deposit rates after taxes, and providing a persistent alternative for medium and long-term investments.
The interest in savings bonds among residents was encouraged by competitive conditions–interest rates aligned with financial market trends, the possibility to receive tax-exempt fixed interest income until the end of the investment term, state-backed investment security, and the convenience of purchasing savings bonds online.
