Feb 9 (IFR) - The Republic of Latvia has started marketing
an tap of its €650m 0.375% notes due 2026 and a new 30-year
euro-denominated bond, according to a lead.
The sovereign has released initial price thoughts for the
tap at low 40s over mid-swaps. The 30-year is being marketed at
The bonds are eligible for the ECB's PSPP.
Leads are taking indications of interest and the deal is
expected to be today's business. The Reg S trade is via Deutsche
Bank, Goldman Sachs and Societe Generale.
Latvia is rated A3/A-/A-.
(Reporting by Robert Hogg; editing by Sudip Roy)