Primary placement auction of Lithuanian Government securities


Vilnius, Lithuania, 2014-07-25 09:33 CEST (GLOBE NEWSWIRE) -- The Government Securities auction of additional offers will be held on August 04, 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 LT0000602179
Date issued 2014-05-02
Volume of issue before auction of additional offers 170 m LTL
Volume of issue is set during auction
Currency of issue LTL
Nominal value, LTL 100
Maturity, in days. 634
Payment date 2014-08-07
Redemption date 2016-05-02
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, %) 1,2
Number of coupons per year 1
Coupon payment dates 2015-05-02;
2016-05-02.
A competitive orderbook LTGCB12016D
A non-competitive orderbook LTGNB12016D

 

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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