CORRECTION: Primary placement auction of Lithuanian Government securities

Corrected: Coupon payment date for the year 2013 has been added.


Vilnius, Lithuania, 2012-07-27 14:30 CEST (GLOBE NEWSWIRE) -- The Government Securities (GS) auction of additional offers will be held on August 06, 2012.

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 Bond
GS ISIN code LT0000607053
Date issued 2011-03-31
Volume of issue before auction of additional offers, LTL 310 000 000
Volume of issue is set during auction
Currency of issue LTL
Nominal value, LTL 100
Maturity, in days. 2 057
Payment date 2012-08-09
Redemption date 2018-03-28
The maximum volume of non-competitive bids, which may be submitted  by one auction participant, LTL 3 000 000
The cut-off yield, % is not announced
Coupon rate (annual interest rate), % 5,2
Number of coupons per year 1
Coupon payment date 2013-03-28
2014-03-28;
2015-03-28;
2016-03-28;
2017-03-28;
2018-03-28.
A competitive orderbook LTGCB52018A
A non-competitive orderbook LTGNB52018A

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.

 

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