Primary placement auction of Lithuanian Government securities


Vilnius, Lithuania, 2014-07-18 16:04 CEST (GLOBE NEWSWIRE) -- The Government Securities auction of additional offers will be held on July 28, 2014. 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
ISIN code LT0000607087
Date issued 2013-10-03
Volume of issue before auction of additional offers 255 m LTL
Volume of issue is set during auction
Currency of issue LTL
Nominal value, LTL 100
Maturity, in days. 2256
Payment date 2014-07-31
Redemption date 2020-10-03
The maximum volume of non-competitive bids, which may be submitted  by one auction participant, LTL 2 000 000
The cut-off yield, % is not announced
Coupon rate (annual interest rate, %) 3,4
Number of coupons per year 1
Coupon payment dates 2014-10-03;
2015-10-03;
2016-10-03;
2017-10-03;
2018-10-03;
2019-10-03;
2020-10-03.
A competitive orderbook LTGCB34020A
A non-competitive orderbook LTGNB34020A

 

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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