On Friday, November 4, the international credit rating agency Fitch Ratings has affirmed Latvia's Long-term foreign and local currency Issuer Default Ratings at 'A-' with Stable outlook.
On Friday, September 30, due to the favourable conditions in the international capital markets, Latvia issued a new 10 year bond amounting EUR 650 million. The coupon was set at the historically lowest level 0,375% (yield 0,456%). Demand for Latvia’s new bonds exceeded 2,6 times the issuance size.
According to the latest data for the European Commission’s 2014-2020 planning period, Latvia is on the 6th place among 28 member states based on the country’s performed payments. In regards to the volume of requested payments, Latvia is 4th among EU member states.