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Debt Management

GMTN programme

Created : 18.07.2017. Updated: 21.05.2019.

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, 31 May 2017, 22 May 2018 and 11 February 2019, the Information Statement dated 31 August 2018 and the Supplement of the Information Statement dated 11 February and 20 May 2019 are available here in one document