Primary placement auction of Lithuanian Government securities


Vilnius, Lithuania, 2015-01-16 07:50 CET (GLOBE NEWSWIRE) -- The Government Securities auction of additional offers will be held on January 26, 2015. 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 Bill
ISIN code LT0000600173
Date issued 2014-10-01
Volume of issue before auction of additional offers 28 962 001,87 EUR
Volume of issue Is set during auction
Currency of issue EUR
Nominal value, EUR 0,01
Maturity, in days 245
Payment date 2015-01-28
Redemption date 2015-09-30
The maximum volume of non-competitive bids, which may be submitted  by one auction participant, EUR 500 000
The cut-off yield, % is not announced
A competitive orderbook LTGC000015C
A non-competitive orderbook LTGN000015C

 

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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