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Aware: 2020-07-07 13:03
Photo by Judita Grigelyts (V)
The Lithuanian government borrowed negative wages for almost 3 years in a large auction on the domestic market.
In the GS auction on Monday, the Lithuanian government borrowed 150 million LTL for 2 years and 9 months. Euro or negative average 0.09% salary.
GSs that generate such a negative return are even more attractive, for example, a surplus held by a large customer in a bank taxed at 0.5%.
In a major auction, investors voluntarily lent to the Lithuanian Government, their demand for GS exceeded almost one and a half times and amounted to a total of LTL 363.05 million. EUR.
It was 2023. April 1 repurchase auction. The last time the problem was completed it was to borrow 100 million. Eur was successful or 0.033%. GS investor demand increased for the fourth time and amounted to LTL 348.15 million. EUR.
Rayti commented
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