Primary placement auction of Lithuanian Government securities


The Government Securities (GS) auction of additional offers will be held on November 28, 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 Zero Coupon Bond
GS ISIN code LT1000600320
Date issued 2011-10-26
Volume of issue before auction of additional offers, EUR 15 000 000
Volume of issue is set during auction
Nominal value 100
Currency of issue EUR
Maturity, in days. 511
Payment date 2011-11-30
Redemption date 2013-04-24
The volume of satisfaction of non-competitive bids by par value, EUR 8 000 000
The maximum volume of non-competitive bids, which may be submitted  by one auction participant, EUR 1 000 000
The cut-off yield, % is not announced
A competitive orderbook LTGCB00013C_EUR
A non-competitive orderbook LTGNB00013C_EUR

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 2724352