Primary placement auction of Lithuanian Government securities


The Government Securities (GS) auction of additional offers will be held on August 20, 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 LT0000610057
Date issued 2012-05-17
Volume of issue before auction of additional offers, LTL 85 000 000
Volume of issue is set during auction
Currency of issue LTL
Nominal value, LTL 100
Maturity, in days. 3554
Payment date 2012-08-23
Redemption date 2022-05-17
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) is set during auction
Number of coupons per year 1
Coupon payment dates 2013-05-17;
2014-05-17;
2015-05-17;
2016-05-17;
2017-05-17;
2018-05-17;
2019-05-17;
2020-05-17;
2021-05-17;
2022-05-17.
A competitive orderbook LTGCB55022A
A non-competitive orderbook LTGNB55022A

 

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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