Primary placement auction of Lithuanian Government securities


Vilnius, Lithuania, 2015-02-27 13:15 CET (GLOBE NEWSWIRE) -- The Government Securities auction of additional offers will be held on March 09, 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 Bond
ISIN code LT0000605131
Volume of issue before auction of additional offers 165 m EUR
Volume of issue Is set during auction
Currency of issue EUR
Nominal value, EUR 0,01
Maturity, in days 903
Payment date 2015-03-12
Redemption date 2017-08-31
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
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 Baltic
Transaction Services
+370 5 219 57 07
www.nasdaqbaltic.com