Latvia offers spread pick-up in difficult market

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Latvia offers spread pick-up in difficult market

Latvia Riga source Fotolia 230x150
Riga Town Hall Square, House of the Blackheads, St. Roland Statue and St. Peter's Church illuminated in the twilight, Riga, Latvia | Dmitry Rukhlenko/f9photos - Fotolia

Republic of Latvia was on track to print its new dual tranche euro-offering on Wednesday, though soft markets meant that it was offering a 7bp-10bp new issue concession at the final spread.

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