Latvia May Return to Eurobond Market in Second Half of 2011
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Latvia may return to the international bond market in the second half of next year, when the government expects another credit-rating upgrade, Finance Minister Andris Vilks said.
Receiving a higher debt grade in the first half of 2011 would “mean that probably we will move for a Eurobond issue for the second half of the year,” Vilks said in an interview in Riga yesterday. “We will go only when we feel it’s the right time, when the rates are okay.”