Primary placement auction of Lithuanian Government securities


The Government Securities (GS) auction will be held on October 10, 2011. Auction participants can submit competitive and non-competitive bids. The competitive bids shall be submitted in the order books of the VSE New Issue Yield market, whereas the non-competitive bids shall be placed in the order books of the VSE New Issue Yield Non market. The parameters of the emission to be issued shall be the following:

 

Type of security Lithuanian Government Bill
GS ISIN code LT0000600066
Volume of issue is set during auction
Currency of issue LTL
Nominal value, LTL 100
Maturity, in days. 364
Payment date 2011-10-12
Redemption date 2012-10-10
The volume of satisfaction of non-competitive bids by par value, LTL 24 000 000
The maximum volume of non-competitive bids, which may be submitted by one auction participant, LTL 3 428 500
The cut-off yield, % is not announced
A competitive orderbook LTGC000012E
A non-competitive orderbook LTGN000012E

The securities shall be redeemed by paying to their holders the total amount of par value. The paid up securities shall be admitted to the regulated market – to the Debt securities list of the NASDAQ OMX Vilnius AB.

 

Market Services Department
Tel. +370 5 2195707