As of the beginning of 2014, Latvian State Treasury held EUR 1.3bn worth of funds, treasury's spokeswoman Eva Dzelme told BNS. The funds declined by EUR 265mn m/m due to current payments and debt servicing. In March 2012 , Treasury's funds increased by strong 50% m/m as in February about LVL 540mn were transferred to the treasury from USD 1bn Eurobond placement ( USD 1bn worth of 5-year Eurobonds amidst a high demand of about USD 5bn ). To remind, in December 2012 Latvia issued USD 1.25bn worth of Eurobonds at 2.889%, but the proceeds were used to fully repay IMF loan ahead of schedule. In Q1/14 a LVL 702.8mn ( EUR 1bn ) instalment will have to be repaid to EC, as well as EUR 400bn worth of Eurobonds will have to be repaid. In 2015, LVL 843.4mn will have to be paid to EC, LVL 351.4mn in 2019, and LVL 140.6mn in 2025. In December 2011 an international anti-crisis loan program to Latvia was ended. In the end of 2008 Latvia received a financial aid package worth EUR 7.5bn from international donors (IMF, EC and WB ), out of which EUR 4.4bn were used.
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