On May 2, 2012 the international rating agency Standard & Poor’s raised long- and short-term local and foreign currency sovereign credit ratings on Latvia to 'BBB-/A-3' from 'BB+/B'. The outlook on the long-term ratings is stable. Latvia’s transfer and convertibility (T&C) assessment is revised to 'A-' from 'BBB+'.

On March 21, 2012, a business forum and a panel discussion organized by the Ministry of Finance, European Bank for Reconstruction and Development (EBRD) and bank “Citadele” will be held on availability of EBRD financing to Latvian businessmen. During the meeting presentations will be given by EBRD leading specialists on services provided by the EBRD, various forms of support for various types of businesses and business sectors.  

The bonds carry a fixed interest rate of 5.25 percent, and the yield rate is 5.375 percent.