LV: Latvia could borrow at 2%-2.5%-CB.

By bne IntelliNews February 6, 2013
According to the head of the Bank of Latvia Ilmars Rimsevics, in the coming years Latvia might borrow at the rate of 2%-2.5%. He reminded that in 2014 and 2015 large sums of the debt will have to be refinanced (LVL 1.2bn and LVL 1.1bn, respectively). The head of the central bank believes that as euro adoption will advance and improve investor confidence, the rates will fall even below the record-low 2.89% of Decembers sovereign Eurobond issue.

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