Last year, when interest rates were high and deposit rates offered by banks were rising slowly, government savings bonds became very popular among Latvians. This year, interest in them has continued, according to data compiled by the State Treasury. In addition, last year even the president purchased them. This year the growth continued: from the beginning of the year to June 18, savings bonds worth 128.4 million euros were issued. This is interesting because rates were higher at this time last year – inflation was higher and interest rates set by central banks on loans were rising almost everywhere in the world.
