Primary placement auction of Lithuanian Government securities


Vilnius, Lithuania, 2014-10-24 13:59 CEST (GLOBE NEWSWIRE) -- The Government Securities auction will be held on November 03, 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 LT1000610014
Volume of issue is set during auction
Currency of issue EUR
Nominal value, EUR EUR 100
Maturity, in days 3653
Payment date 2014-11-06
Redemption date 2024-11-06
The maximum volume of non-competitive bids, which may be submitted  by one auction participant, EUR EUR 579 200
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 2015-11-06;
2016-11-06;
2017-11-06;
2018-11-06;
2019-11-06;
2020-11-06;
2021-11-06;
2022-11-06;
2023-11-06;
2024-11-06.
A competitive orderbook LTGCB00024A
A non-competitive orderbook LTGNB00024A

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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