Primary placement auction of Lithuanian Government securities


The Government Securities auction of additional offers will be held on September 22, 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 LT0000605131
Volume of issue before auction of additional offers 314.285 m LTL
Volume of issue Is set during auction
Currency of issue LTL
Nominal value, LTL 100
Maturity, in days 1071
Payment date 2014-09-25
Redemption date 2017-08-31
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) 2.6
Number of coupons per year 1
Coupon payment dates 2015-08-31;
2016-08-31;
2017-08-31.
A competitive orderbook LTGCB26017B
A non-competitive orderbook LTGNB26017B

 

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.

 

NASDAQ OMX
Baltic Market
Transaction Services
+370 5 219 57 07
www.nasdaqomxbaltic.com